Harris County IDC, Texas, plans $100 million of marine terminal bonds

By Sheri Kasprzak

New York, Sept. 26 - The Harris County Industrial Development Corp. of Texas is set to price $100 million of series 2012 marine terminal revenue bonds for HFOTCO LLC, according to a preliminary official statement.

The bonds (A3/VMIG 2//A/F1) will be sold through Bank of America Merrill Lynch and are due Nov. 1, 2050.

Proceeds will be used to make improvements to HFOTCO's real property following damages from Hurricane Ike in 2008.

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