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Published on 1/4/2011 in the Prospect News Municipals Daily.

Walled Lake Consolidated School District, Mich., intends to sell $51.18 million refunding bonds

By Sheri Kasprzak

New York, Jan. 4 - The Walled Lake Consolidated School District of Michigan plans to price $51.175 million of series 2011 general obligation refunding bonds, according to a preliminary official statement.

The bonds will be sold through Stifel, Nicolaus & Co. Inc. with Edward Jones & Co. and Fifth Third Securities Inc. as the co-managers.

The bonds are due 2012 to 2022.

Proceeds will be used to refund existing debt.

The school district is based in Oakland County, Mich.


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