Harris County Toll Road, Texas, may sell $77.16 million G.O.s Wednesday

By Sheri Kasprzak

New York, Dec. 5 - The Harris County Toll Road Authority of Texas may bring to market its previously announced $77.16 million in series 2008 general obligation unlimited tax and subordinated lien revenue refunding bonds Wednesday, according to an offering calendar.

The bonds (Aa1/AAA/) had been expected to price on a day-to-day basis.

Piper Jaffray & Co. is the lead manager for the negotiated deal.

Proceeds will be used to refund outstanding debt.

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