Dallas Independent School District to price $105.06 million in bonds

By Sheri Kasprzak

New York, July 1 - The Dallas Independent School District is set to sell $105.059 million in series 2009 unlimited tax refunding bonds, according to a preliminary official statement.

The bonds (A1/A+/AA-) will be sold through lead managers Sterne, Agee & Leach Inc., Kipling Jones & Co. and Cabrera Capital Markets Inc. The co-managers are Merrill Lynch & Co. Inc., M.R. Beal & Co., Frost Bank and Stifel Nicolaus.

The bonds are due 2010 to 2014.

Proceeds will be used to refund a portion of the district's outstanding series 1999 bonds.

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