Arizona School District to price $115 million COPs

By Sheri Kasprzak

New York, Aug. 7 - The Arizona School District plans to sell $115 million in series 2008 tax anticipation note financing program certificates of participation, according to a preliminary official statement.

The bonds are due July 30, 2009 and will be sold on a negotiated basis with Piper Jaffray as the lead manager.

Proceeds will be used for general expenditures for the district during the fiscal year.

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