Texas coordinates $150 million offering of college student loan bonds

By Sheri Kasprzak

New York, Nov. 25 – The State of Texas is scheduled to sell $150 million of series 2015 college student loan bonds on Dec. 2, according to a preliminary official statement.

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

The bonds are due 2020 to 2034.

Proceeds will be used to fund student loan programs.

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