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Published on 6/8/2015 in the Prospect News Municipals Daily.

Arlington ISD, Texas, preparing to price $212.62 million of bonds

By Sheri Kasprzak

New York, June 8 – The Arlington Independent School District of Texas is set to price $212,615,000 of series 2015 unlimited tax school building bonds, according to a 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., J.P. Morgan Securities LLC, RBC Capital Markets LLC, Stephens Inc. and Wells Fargo Securities LLC.

The bonds are due 2016 to 2040.

Proceeds will be used to finance the construction, equipment, acquisition and improvement of school buildings and facilities.


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