Hays Consolidated ISD, Texas, preps $52.09 million school bond sale

By Sheri Kasprzak

New York, Aug. 7 – The Hays Consolidated Independent School District of Texas is set to price $52.09 million of series 2014 unlimited tax school building bonds, according to a preliminary official statement.

The bonds (/AA-/AA-) will be sold on a negotiated basis with Baird & Co. Inc. as the senior manager. The co-managers are BOSC Inc., Citigroup Global Markets Inc. and Estrada Hinojosa & Co. Inc.

The bonds are due 2015 to 2039.

Proceeds will be used to construct, equip, renovate, improve, rehabilitate or acquire school buildings in the district, as well as to purchase new buses.

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