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Irving ISD, Texas, plans $65 million school building bonds for August
By Sheri Kasprzak
New York, July 8 - The Irving Independent School District of Texas plans to sell $65 million in series 2009 unlimited tax school building bonds, according to a preliminary official statement.
The pricing is expected for early August, said a sellside source familiar with the deal.
The bonds (Aa3/AA+/) will be sold through lead managers Southwest Securities Inc. and Crews & Associates. The co-managers are Estrada Hinojosa & Co. Inc. and Wells Fargo Brokerage Services LLC.
The bonds are due 2009 to 2033 with a term bond due 2011.
Proceeds will be used to acquire, construct and equip school buildings within the district.
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