San Mateo County Joint Powers, Calif., eyes $104.58 million bond deal

By Sheri Kasprzak

New York, Jan. 8 – The San Mateo County Joint Powers Financing Authority of California is expected to price $104.58 million of series 2016A refunding lease revenue bonds for the Youth Services Campus on Thursday, according to a preliminary official statement.

The bonds (Aa2/AA+/) will be sold on a negotiated basis with Raymond James/Morgan Keegan and Citigroup Global Markets Inc. as the senior managers.

The bonds are due 2016 to 2036.

Proceeds will be used to refund the authority’s series 2003A and 2003C bonds issued for Youth Services Campus, a juvenile justice center based in San Mateo.

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