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Published on 9/30/2013 in the Prospect News Municipals Daily.

Texas readies $113.47 million student loan bonds offering for Oct. 8

By Sheri Kasprzak

New York, Sept. 30 - The State of Texas is scheduled to price $113,465,000 of series 2013B college student loan general obligation bonds on Oct. 8, according to a notice of sale.

The bonds (Aaa/AAA/) will be sold competitively with Estrada Hinojosa & Co. Inc. as the financial adviser.

The bonds are due 2019 to 2030.

Proceeds will be used to make low-interest loans to eligible undergraduate college students within the state.


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