California Municipal Finance preps $93.07 million revenue bond sale

By Sheri Kasprzak

New York, March 30 – The California Municipal Finance Authority is set to price $93.07 million of series 2015A water revenue bonds for the Anaheim Water System, according to a preliminary official statement.

The bonds (/AAA/AAA) will be sold through J.P. Morgan Securities LLC and Wells Fargo Securities LLC.

The bonds are due 2015 to 2045.

Proceeds will be used to refund bond anticipation notes to finance capital improvements to the authority’s water infrastructure and to refund its series 2008 revenue bonds.

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