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District planners outline $55 million bond sale; Moody's affirms Aa2 rating

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Summary

Financial advisers from D.A. Davidson briefed the board on a planned $55 million general-obligation bond sale, projected 20-year rates in the mid-4% range and a strategy to leave $10 million bank-qualified for 2026.

D.A. Davidson financial advisers told the Papillion La Vista Community Schools Board of Education on April 28 that the district plans to issue $55 million in general-obligation bonds, with sale modeling showing 20-year interest rates in the low- to mid-4% range and Moody's reaffirming the district's Aa2 rating.

What was presented

Paul Grieger of D.A. Davidson said the district will size the offering at $55 million, modeled at roughly…

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