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Harris County Flood District, Texas, to sell $205 million contract tax refunding bonds Tuesday
By Sheri Kasprzak
New York, Aug. 27 - The Harris County Flood District in Texas is set to price $205 million in series 2010A contract tax refunding bonds on Tuesday, according to a calendar of upcoming deals.
The bonds (/AAA/AAA) will be sold on a negotiated basis with Goldman Sachs & Co. and Piper Jaffray & Co. as the senior managers. The co-managers are Estrada Hinojosa & Co. Inc., J.P. Morgan Securities Inc., Morgan Keegan & Co., Rice Financial Products Co., RBC Capital Markets Corp. and Siebert Brandford Shank & Co. LLC.
Proceeds will be used to refund and defease all of the district's outstanding commercial paper notes.
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