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Texas State University prepares $88.1 million offer of revenue bonds
By Sheri Kasprzak
New York, June 13 - Texas State University plans to sell $88.1 million of series 2011 revenue financing system revenue bonds, said a preliminary official statement.
The bonds (Aa2//AA) will be sold on a negotiated basis with Barclays Capital Inc. The co-managers are Fidelity Capital Markets LLC, Jefferies & Co., Morgan Keegan & Co. Inc., Piper Jaffray & Co., Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC.
The maturities have not been set.
Proceeds will be used to construct, equip, acquire, improve and renovate roads, buildings, structures and other related property at the Texas State University campuses.
The university is based in San Marcos.
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