North Texas Tollway Authority to sell $163.72 million refunding bonds

By Sheri Kasprzak

New York, Sept. 29 - The North Texas Tollway Authority is expected to price $163.715 million in series 2009C system first-tier current interest revenue refunding bonds, according to a preliminary official statement.

The bonds (A2/A-/) will be sold through senior manager Siebert Brandford Shank & Co. LLC. The co-managers are Barclays Capital Inc., Citigroup Global Markets Inc., First Southwest Co. and Southwest Securities Inc.

Proceeds will be used to refund the authority's series 2008E-1 and 2008G bonds.

The authority is based in Plano, Texas.

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