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Published on 4/23/2014 in the Prospect News Municipals Daily.

North East Independent School District, Texas, to sell $123.69 million

By Sheri Kasprzak

New York, April 23 - The North East Independent School District of Texas is expected to price $123.69 million of series 2014A unlimited tax refunding bonds, according to a preliminary official statement.

The bonds will be sold through senior managers Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC. The co-managers are Estrada Hinojosa & Co. Inc., Jefferies & Co. and Raymond James/Morgan Keegan.

The bonds are due 2015 to 2033.

Proceeds will be used to refund the district's series 2004 school building and refunding bonds.


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