Austin, Texas, to offer $113.46 million of debt securities Aug. 28

By Cristal Cody

Springdale, Ark., Aug. 22 - Austin, Texas, plans to bring $113.46 million of bonds, certificates of obligation and contractual obligations via competitive sales on Aug. 28, according to sale notices released Friday.

The $76.045 million series 2008 public improvement bonds have serial maturities in 2009 and 2011 through 2028.

The $10.7 million series 2008 certificates of obligation have serial maturities from 2009 through 2028.

The $26.715 million series 2008 public property finance contractual obligations have serial maturities from 2009 through 2015.

The PFM Group is the city's financial adviser.

The bonds, certificates and obligations (Aa1/AAA/AA+) will be sold to finance capital improvements and to purchase equipment and other property.

© 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.