Frisco ISD, Texas, plans to issue $86.8 million school bonds Thursday

By Sheri Kasprzak

New York, Jan. 9 - The Frisco Independent School District of Texas is prepared to price $86.8 million of series 2012 unlimited tax school building and refunding bonds on Thursday, according to a calendar of upcoming deals.

The bonds (Aa1) will be sold through senior manager FirstSouthwest Co. Inc.

Proceeds from the offering will be used to refund certain maturities of outstanding debt without an extension of the final maturity and to fund capital improvement projects throughout the district.

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