Tarrant Regional Water, Texas, offers $134.63 million revenue bonds

By Cristal Cody

Prospect News, Jan. 30 - Tarrant Regional Water District in Texas plans to sell $134.63 million of series 2012 revenue bonds, according to a preliminary official statement.

The series 2012 bonds (Aa1/AAA/) have serial maturities from 2013 through 2042.

The bonds will price via a competitive sale on Feb. 8.

First Southwest Co. and Loop Capital Markets, LLC are co-financial advisers.

Proceeds will be used to pay for the design, acquisition and construction of the Dallas Project Component of an integrated pipeline to serve the city and district and to fund a debt service reserve fund.

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