By Sheri Kasprzak
New York, July 31 - The Northside Independent School District of Texas sold $70 million of series 2012 variable-rate school building bonds, according to a pricing sheet.
The bonds (Aaa//AAA) were sold through Citigroup Global Markets Inc.
The bonds are due June 1, 2032, and initially bear interest at1% priced at par.
Proceeds will be used to acquire, construct, design and equip school buildings within the district.
| Issuer: | Northside Independent School District
|
| Issue: | Series 2012 variable-rate school building bonds
|
| Amount: | $70 million
|
| Maturity: | June 1, 2032
|
| Coupon: | 1%
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriter: | Citigroup Global Markets Inc. (lead)
|
| Ratings: | Moody's: Aaa
|
| Fitch: AAA
|
| Pricing date: | July 31
|
| Settlement date: | Aug. 22
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
