Washington State Department of Information plans $298.8 million bonds

By Sheri Kasprzak

New York, July 20 -FYI Properties of Washington State is scheduled to price $298.795 million in series 2009 tax-exempt lease revenue bonds for the Washington State Department of Information Services on Tuesday, according to a calendar of upcoming sales.

The bonds will be sold on a negotiated basis with Barclays Capital Inc. as the senior manager.

The bonds are due 2012 to 2029 with term bonds due 2034 and 2039.

Proceeds will be used to construct new headquarters for the department, which is based in Olympia, Wash.

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