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Houston to sell $220 million of tax and revenue anticipation notes
By Sheri Kasprzak
New York, June 6 - The City of Houston is prepared to price $220 million of series 2011 tax and revenue anticipation notes on June 15, said a notice of sale.
The notes (/SP-1+/F1+) will be sold competitively with First Southwest Co. and TKG & Associates LLC as the financial advisers.
The notes are due June 29, 2012.
Proceeds will be used to finance capital expenditures for the coming fiscal year ahead of the collection of taxes and revenues.
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