Aldine ISD, Texas, to sell $265.46 million school building bonds

By Sheri Kasprzak

New York, Jan. 19 – The Aldine Independent School District of Texas is set to price $265,455,000 of series 2016 unlimited tax school building and refunding bonds on Wednesday, according to a preliminary official statement.

The bonds (Aaa/AAA) will be sold via senior managers Wells Fargo Securities LLC and Baird & Co. Inc. The co-managers are George K. Baum & Co., Estrada Hinojosa & Co. Inc., J.P. Morgan Securities LLC and Loop Capital Markets LLC.

The bonds are due 2018 to 2044.

Proceeds will be used to construct, acquire, improve and renovate school buildings in the district, as well as to refund the district’s series 2007A bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.