State of Texas arranges $67.85 million college student loan bond sale

By Sheri Kasprzak

New York, Nov. 21 – The State of Texas is set to price $67.85 million of series 2014 college student loan general obligation bonds on Dec. 2, said a preliminary official statement.

The bonds (Aaa/AAA/) will be sold competitively with First Southwest Co. as the financial adviser.

The bonds are due 2019 to 2030.

Proceeds will be used to finance student loans for qualified undergraduate or graduate students at public higher-education institutions within the state.

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