North Harris County Regional Water, Texas, plans $107.28 million bonds

By Sheri Kasprzak

New York, Jan. 29 - The North Harris County Regional Water Authority of Texas is set to price $107.28 million of series 2013 senior lien revenue refunding bonds, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with First Southwest Co. as the senior manager. The co-managers are Hutchison Shockey Erley & Co., Morgan Stanley & Co. LLC, Southwest Securities Inc. and Wells Fargo Securities LLC.

The bonds are due 2013 to 2033.

Proceeds will be used to refund the authority's series 2003 revenue bonds for a debt service savings.

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