Pasadena ISD, Texas, organizes $50.5 million sale of refunding bonds

By Sheri Kasprzak

New York, April 20 – The Pasadena Independent School District of Texas is on tap to price $50,495,000 of series 2015 unlimited tax refunding bonds on Tuesday, according to a preliminary official statement.

The bonds will be sold through Piper Jaffray & Co. with William Blair & Co. and Frost Bank as the co-managers.

The bonds are due 2018 to 2026 and 2034 to 2035.

Proceeds will be used to refund the district’s series 2006 and 2007 unlimited tax school building bonds.

© 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.