DALLAS – Utah Charter School Finance Authority will price $17.8 million of revenue bonds for Ogden Preparatory Academy under a new program that allows the state to back the issue with its moral pledge.

The deal, underwritten by Robert W. Baird & Co., includes $17.43 million of tax-exempt bonds and $375,000 of taxable debt and is the first under the new state law. Zions Bank Public Finance is financial advisor to the issuer, with Buck Financial Advisors LLC as financial advisor to the school. Bond counsel is the law firm of Ballard Spahr.

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