San Antonio ISD prepares $100 million bond offering for Wednesday

By Sheri Kasprzak

New York, Aug. 22 – The San Antonio Independent School District is scheduled to price $100 million of series 2014 variable-rate unlimited tax refunding bonds on Wednesday, according to a preliminary official statement.

The offering includes $50 million of series 2014A bonds and $50 million of series 2014B bonds.

The bonds will be sold on a negotiated basis. Baird & Co. is the underwriter for the 2014A bonds and Citigroup Global Markets Inc. is the underwriter for the 2014B bonds.

The maturities have not been set.

Proceeds will be used to refund the district’s series A commercial paper notes.

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