Tyler ISD, Texas, to price $124.87 million in bonds in January

By Sheri Kasprzak

New York, Dec. 22 - The Tyler Independent School District in Texas plans to sell $124.865 million in series 2009 unlimited tax school building bonds in January, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Merrill Lynch & Co. as the lead manager. The co-managers are Estrada Hinojosa & Co., First Southwest Co., Southwestern Securities Inc. and Raymond James & Associates.

The bonds are due 2009 to 2034.

Proceeds will be used for the acquisition, construction, equipment and renovation of school buildings throughout the district.

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