Arlington, Texas, to sell $169.98 million revenue bonds Tuesday

By Sheri Kasprzak

New York, Nov. 24 - Arlington, Texas, is scheduled to sell its previously announced $169.98 million in series 2008 special tax revenue bonds on Tuesday, according to a calendar of upcoming deals.

The bonds (Aaa/AAA/) will be sold through lead managers J.P. Morgan Securities Inc. and Banc of America Securities LLC. Co-managers are Estrada Hinojosa & Co., First Southwest Co., Merrill Lynch & Co., Morgan Keegan & Co., Piper Jaffray & Co., RBC Capital Markets, Siebert Brandford Shank & Co. and Southwest Securities.

The bonds are due 2017 to 2020 with term bonds due 2027 and 2031.

Proceeds will be used for the construction, planning, acquisition and development of the Dallas Cowboys Complex.

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