Austin, Texas, school district to price $100 million bonds June 23

By Sheri Kasprzak

New York, June 16 - The Austin Independent School District of Texas plans to sell $100 million in series 2008 unlimited tax refunding bonds on June 23, said a preliminary official statement released Monday.

The bonds (Aa1/AA+/AA) will be sold on a competitive basis and are due in a serial structure from 2010 to 2033.

Proceeds will be used to construct new schools, renovate existing schools and acquire land for future schools.

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