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Published on 10/30/2008 in the Prospect News Municipals Daily.

Harris County Flood, Texas, to sell $160 million bonds Nov. 10 week

By Cristal Cody

Tupelo, Miss., Oct. 30 - The Harris County Flood Control District in Texas intends to price the previously announced $160 million series 2008C refunding bonds the week of Nov. 10, according to a sale calendar.

The contract tax refunding bonds (Aa1/AAA/) have serial maturities from 2009 through 2024.

The bonds will be sold through a negotiated sale led by senior managers Citigroup Global Markets and Siebert Brandford Shank & Co.

Merrill Lynch, Morgan Stanley & Co. Inc., Morgan Keegan, Oppenheimer & Co., Piper Jaffray, RBC Capital Markets and Stifel Nicolaus are the co-managers.

The proceeds will be used to refund the district's series 2008B contract tax refunding bonds.


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