San Antonio ISD, Texas, preps $307.44 million school, refunding bonds

By Sheri Kasprzak

New York, May 11 – The San Antonio Independent School District of Texas is set to price $307.44 million of series 2015 unlimited tax school building and refunding bonds on Tuesday, according to a preliminary official statement.

The bonds (Aaa//AAA) will be sold on a negotiated basis with Frost Bank and Citigroup Global Markets Inc. as the senior managers. The co-managers are J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Siebert Brandford Shank & Co. LLC and Stephens Inc.

The bonds are due 2016 to 2045.

Proceeds will be used to construct, equip, acquire and renovate school buildings in the district and to refund the district’s series 2005 unlimited tax refunding 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.