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Published on 11/5/2009 in the Prospect News Municipals Daily.

North Texas Municipal Water to sell $140 million bonds Tuesday

By Sheri Kasprzak

New York, Nov. 5 - The North Texas Municipal Water District is expected to sell $140 million in series 2009 bonds on Tuesday, according to a sales calendar.

The offering includes $50 million in series 2009A non-AMT bonds and $90 million in series 2009B Build America Bonds.

The 2009A bonds (Aa2/AAA/) are due 2039, and the 2009B bonds are due 2039.

Proceeds will be used to fund improvements to water facilities.


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