Hartland Consolidated Schools, Mich., offers $60.5 million bonds

By Sheri Kasprzak

New York, Oct. 14 – The Hartland Consolidated Schools of Michigan is set to price $60,505,000 of series 2015 general obligation refunding bonds, according to a preliminary official statement.

The offering includes $6,185,000 of series 2015A unlimited tax G.O. refunding bonds and $54.32 million of series 2015B taxable unlimited tax G.O. refunding bonds.

The bonds will be sold on a negotiated basis with Stifel, Nicolaus & Co. and Fifth Third Securities Inc. as the lead managers.

The 2015A bonds are due 2016 to 2022, and the 2015B bonds are due 2016 to 2021.

Proceeds will be used to refund the school district’s series 2004 G.O. bonds.

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