Texas Public Finance Authority Charter School Finance to sell $50.09 million of revenue bonds

By Sheri Kasprzak

New York, April 16 - The Texas Public Finance Authority Charter School Finance Corp. is set to price $50.09 million of series 2010A education revenue bonds, said a preliminary official statement.

The bonds (/BBB/) will be sold on a negotiated basis with Morgan Keegan & Co. Inc. as the lead manager. The co-manager is Jefferies & Co.

The bonds are due 2030 and 2040.

Proceeds will be used to finance a variety of construction and improvement projects at charter schools throughout the state.

The corporation, based in Austin, provides funding to charter schools.

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