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Tennessee State School Bond Authority to sell $169.77 million bonds Nov. 17 week
By Sheri Kasprzak
New York, Nov. 13 - The Tennessee State School Bond Authority is slated to price $169.77 million in series 2008B higher educational facilities second program bonds the week of Nov. 17, according to a preliminary official statement.
The bonds (Aa2/AA/AA) will be sold on a negotiated basis with J.P. Morgan Securities Inc. and Banc of America Securities LLC as the senior managers. The co-managers are M.R. Beal & Co., Morgan Keegan & Co. and Prager, Sealy & Co.
The bonds are due 2009 to 2038.
Proceeds will be used for capital improvement projects at higher educational facilities throughout the state.
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