Texas Public Finance Authority to price $225 million bonds July 15

By Sheri Kasprzak

New York, July 9 - The Texas Public Finance Authority plans to price its previously announced $225 million in series 2008A general obligation and refunding bonds on July 15, according to a preliminary official statement.

The bonds (Aa1/AA/AA+) will be sold on a negotiated basis with Piper Jaffray & Co. as the lead manager.

The bonds are due from 2008 to 2028.

Proceeds will be used to refund the 2009 to 2015 maturities of the authority's series 1998B general obligation bonds and to finance land acquisition, construction and renovations for the state criminal justice and public safety departments.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.