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Published on 12/17/2012 in the Prospect News Municipals Daily.

Texas State University plans $99.28 million revenue, refunding bonds

By Cristal Cody

Tupelo, Miss., Dec. 17 - The Board of Regents of Texas State University System plans to sell $99,275,000 of revenue financing system revenue and refunding bonds, according to a preliminary official statement.

The series 2013 bonds (Aa2//AA) have serial maturities from 2013 through 2043.

Barclays is the senior manager. Co-managers are Jefferies & Co., Raymond James/Morgan Keegan, Piper Jaffray & Co., Siebert Brandford Shank & Co., LLC and Wells Fargo Securities LLC.

Proceeds will be used to acquire, purchase, construct, improve, renovate, enlarge or equip property, buildings, facilities, roads and related infrastructure for members of the revenue financing system, to refund a portion of the system's outstanding series 2004 revenue and refunding bonds and to fund certain capitalized interest for the bonds.


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