Harris County, Texas, to price $330 million refunding bonds Aug. 7

By Cristal Cody

Springdale, Ark., July 30 - Harris County, Texas, expects to price its previously announced $330 million refunding bonds on Aug. 7, said Edwin Harrison, director of financial services.

The sale includes $130 million series 2008B, $100 million series 2008C and $100 million series 2008D permanent improvement refunding bonds.

Loop Capital Markets LLC is the senior manager of the negotiated sale. Co-managers are RBC Capital Markets, Cabrera Capital Markets LLC, Estrada Hinojosa & Co., Kipling Jones & Co., Lehman Brothers, Ramirez & Co. and Siebert Brandford Shank & Co.

Proceeds will be used to defease the county's series A1, B and D general obligation commercial paper notes.

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