Oxford Community Schools, Mich., plans $71.03 million of G.O. bonds

By Sheri Kasprzak

New York, July 13 – Oxford Community Schools of Michigan is scheduled to price $71,025,000 of series 2015 general obligation bonds on Thursday, according to a preliminary official statement.

The deal includes $26,915,000 of series 2015A unlimited tax G.O. bonds and $44.11 million of series 2015B taxable unlimited tax G.O. bonds.

The bonds will be sold through Stifel, Nicolaus & Co. and Fifth Third Securities Inc.

The 2015A bonds are due 2016 to 2025, and the 2015B bonds are due 2017 to 2024.

Proceeds will be used to refund all or a portion of the district’s series 2004 and 2005 G.O. refunding bonds.

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