Palo Alto Unified School District, Calif., plans $70 million sale of G.O.s for Tuesday

By Sheri Kasprzak

New York, March 4 - The Palo Alto Unified School District of California is scheduled to sell $70 million election of 2008 series 2013 general obligation bonds on Tuesday, according to a preliminary official statement.

The bonds (Aa1/AAA/) will be sold competitively with Keygent LLC as the financial adviser.

The bonds are due 2014 to 2036.

Proceeds will be used to construct and modernize school buildings within the district.

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