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Published on 7/9/2009 in the Prospect News Municipals Daily.

Irving ISD, Texas, to sell $65 million school building bonds Thursday

By Sheri Kasprzak

New York, July 9 - The Irving Independent School District in Texas will price $65 million in series 2009 unlimited tax school building bonds Thursday, according to a calendar of upcoming deals.

The bonds (Aa3/AA+/) will be sold through senior 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 in the districts.


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