Tyler ISD, Texas, to sell $124.87 million school building bonds Jan. 12

By Sheri Kasprzak

New York, Jan. 5 - The Tyler Independent School District of Texas is scheduled to sell $124.865 million in series 2009 unlimited tax school building bonds on Jan. 12, according to a calendar of offerings.

The bonds will be sold on a negotiated basis with Merrill Lynch & Co. as the senior manager. Estrada Hinojosa & Co., First Southwest Co., Southwestern Securities Inc. and Raymond James & Associates are the co-managers.

The bonds are due 2009 to 2034.

Proceeds will be used for the acquisition, construction, equipment and renovation of school buildings throughout the district.

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