Harris County, Texas, plans $140 million permanent improvement bonds

By Sheri Kasprzak

New York, Sept. 7 - Harris County, Texas, plans to bring to market $140 million of series 2011A permanent improvement and refunding bonds, according to a preliminary official statement.

The bonds (AAA/AAA) will be sold on a negotiated basis with J.P. Morgan Securities LLC and Raymond James & Associates Inc. as the senior managers. The co-managers are Jefferies & Co., Ramirez & Co. Inc. and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used to refund all or a portion of the county's outstanding series B and series D commercial paper notes.

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