Harris County, Texas, to price $98.48 million revenue bonds via RBC

By Sheri Kasprzak

New York, July 10 - The Harris County Cultural Educational Facilities Finance Corp. in Texas is expected to sell $98.475 million in series 2009A Texas Medical Center Central Heating and Cooling Services Corp. (TECO) thermal utility revenue bonds, according to a preliminary official statement.

The bonds (Aa3/AA/) will be sold through lead manager RBC Capital Markets Corp. The co-managers are J.P. Morgan Securities Inc., Siebert Brandford Shank & Co. LLC and Wells Fargo Brokerages Services LLC.

The bonds are due 2011 to 2029 with a term bond due 2035.

Proceeds will be used to refund the corporation's series 1999A, 1999B, 2000, 2003 and 2008 bonds.

Harris County Cultural Educational Facilities Finance is located in Houston.

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