Texas Public Finance prepares $188.66 million of G.O. refunding bonds

By Sheri Kasprzak

New York, May 9 – The Texas Public Finance Authority is on tap to price $188,655,000 of series 2016 general obligation refunding bonds on Wednesday, according to a preliminary official statement.

The bonds (Aaa/AAA/AAA) will be sold on a negotiated basis with Barclays as the senior manager. The co-managers are Academy Securities Inc., Drexel Hamilton LLC, Jefferies & Co. and Ramirez & Co. Inc.

The bonds are due 2020 to 2031.

Proceeds will be used to advance refund existing bonds.

© 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.