Arlington Independent School District, Texas, to sell $163.29 million

By Sheri Kasprzak

New York, June 23 – The Arlington Independent School District of Texas is set to price $163,285,000 of series 2014A unlimited tax school building bonds during the week of June 23, according to a sales calendar and preliminary official statement.

The bonds (Aa1/AA/) will be sold on a negotiated basis with Raymond James/Morgan Keegan as the senior manager. The co-managers are BOSC Inc., RBC Capital Markets LLC, Stephens Inc. and Wells Fargo Securities LLC.

The bonds are due 2015 to 2039.

Proceeds will be used to construct, equip and furnish school buildings in the district, as well as purchase school sites and buses.

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