Olympia School District, Wash., prepares $59.87 million sale of G.O. refunding bonds

By Sheri Kasprzak

New York, March 9 - The Olympia School District No. 111 of Washington state is set to price $59,865,000 of series 2012 unlimited tax general obligation refunding bonds, according to a preliminary official statement.

The bonds (Aa2/A+/) will be sold competitively on Tuesday with D.A. Davidson & Co. as the financial adviser.

The bonds are due 2012 to 2023.

Proceeds will be used to advance refund the district's series 2003 and 2005A G.O. bonds.

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