Alamo Community College District, Texas, preps $55.9 million sale

By Sheri Kasprzak

New York, Aug. 1 - The Alamo Community College District of Texas is set to sell $55.895 million of series 2011 maintenance tax notes during the week of Aug. 1, according to a preliminary official statement.

The notes (Aaa/AA+/) will be sold on a negotiated basis with Loop Capital Markets LLC as the senior manager. The co-managers are Siebert Brandford Shank & Co. LLC, Citigroup Global Markets Inc., RBC Capital Markets LLC and Raymond James & Associates Inc.

The notes are due 2012 to 2031.

Proceeds will be used to renovate and repair existing district facilities.

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