Northside ISD, Texas, to sell $80 million school bonds this week

By Sheri Kasprzak

New York, Dec. 1 - The Northside Independent School District of Texas is gearing up to sell its previously announced $80 million in series 2008A unlimited tax school building bonds later this week, according to an offering calendar.

The bonds will be sold on a negotiated basis with RBC Capital Markets as the lead manager. Banc of America Securities LLC, Frost Bank and Southwest Securities are the co-managers.

The bonds are due 2012 to 2038.

Proceeds will be used to construct, acquire, renovate and equip school facilities.

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