By Patrick SheridanThe San Diego Unified School District sold $200 million in tax and revenue anticipation notes to help fund cash-flow requirements during the 2024-25 fiscal year for operating expenses, capital expenditures and other obligations. The district will issue the Series A notes on or about July 24 with an interest rate of 5% and a yield of 3.140%. It is the second-largest school district in California, with an estimated enrollment of more than 96,000 students in transitional kindergarten through 12th grade. The district is authorized to sell $100 million in Series B notes as well but currently has no plans to do so. Write to Patrick Sheridan at patrick.sheridan@wsj.com(END) Dow Jones NewswiresJuly 18, 2024 12:06 ET (16:06 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal July 18, 2024 16:27 UTC