Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Fort Worth > News item |
Fort Worth, Texas, to sell $85.79 million certificates of obligation
By Cristal Cody
Tupelo, Miss., Aug. 7 - The City of Fort Worth, Texas is set to price $85.79 million of combination tax and revenue certificates of obligation for Tarrant, Denton, Parker and Wise counties, according to a preliminary official statement.
The certificates (Aa1//AA+) have serial maturities from 2013 though 2032.
The certificates will price through a competitive sale on Aug. 14.
First Southwest Co. and Estrada Hinojosa & Co., Inc. are co-financial advisers.
Proceeds will be used to design, construct and equip a police/fire training facility, to purchase equipment for the city's fire department, to construct and reconstruct streets, for water system improvements, to purchase traffic safety signals, to install public art throughout the city and to acquire and construct a telecommunications tower for public safety and 911 communications.
© 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.