Mesquite ISD, Texas, coordinates $75.59 million school building bonds

By Sheri Kasprzak

New York, March 16 – The Mesquite Independent School District of Texas is slated to price $75,591,274 of series 2015 unlimited tax school building and refunding bonds on Wednesday, according to a preliminary official statement.

The offering includes $26,515,000 of series 2015A school building bonds, $20.62 million of series 2015B refunding bonds and $28,465,273.95 of series 2015C refunding bonds.

The bonds (/AA/AA+) will be sold through senior managers Oppenheimer & Co. and Raymond James/Morgan Keegan with BOSC Inc. and RBC Capital Markets LLC.

The 2015A bonds are due 2016 to 2040, and the 2015B bonds are due 2016 to 2031. The 2015C bonds are due 2023 to 2032.

Proceeds will be used to construct, equip, acquire and improve school facilities, as well as to refund the district’s series 2006 and 2007 school building bonds.

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