Allen ISD, Texas, to price $61.86 million school building bonds

By Sheri Kasprzak

New York, Jan. 15 - The Allen Independent School District of Texas plans to sell $61.86 million in series 2009 unlimited tax school building bonds, according to a preliminary official statement.

The bonds (Aa3/AA/) will be sold through senior managers Morgan Stanley & Co. Inc. and Morgan Keegan & Co. Inc. The co-managers are Southwest Securities Inc. and RBC Capital Markets Corp.

The bonds are due 2010 to 2034.

Proceeds will be used to construct and equip school buildings; acquire school buses; and acquire land for school buildings.

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