PHOENIX - Oregon will sell $54.3 million of general obligation bonds for veterans' housing in a negotiated deal next week.

The bonds are rated AA-plus by Fitch Ratings and Standard & Poor's, and Aa1 by Moody's Investors Service. The offering will be split between a roughly $25 million variable rate series and a roughly $29 million fixed-rate series. U.S. Bank is the underwriter on the variable-rate bonds, while the fixed-rate securities will be purchased by a syndicate led by Goldman, Sachs & Co. and JPMorgan. Hawkins Delafield & Wood is bond counsel.

The bonds are full faith and credit obligations of Oregon.

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