Tarrant County, Texas, prepares $72.22 million improvement bond deal

By Sheri Kasprzak

New York, Sept. 3 - Tarrant County, Texas, plans to price $72,215,000 of series 2013 limited tax refunding and improvement bonds, according to a preliminary official statement.

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

The bonds are due 2014 to 2033.

Proceeds will be used to construct, reconstruct, renovate, rehabilitate, improve and maintain streets, roads, highways and bridges in the county, as well as to refund the county's series 2004 ad 2005 limited tax refunding and improvement 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.