E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 2/20/2009 in the Prospect News Municipals Daily.

Williamson County, Texas, to sell $100.09 million revenue and limited tax bonds

By Cristal Cody

Tupelo, Miss., Feb. 20 - Williamson County in Texas expects to sell $100.085 million in revenue and limited tax bonds on Wednesday, according to Dan Wegmiller, managing director of Specialized Public Finance Inc., the financial advisor firm for the sale.

The sale includes $92.085 million in series 2009 pass-through toll revenue and limited tax bonds and $8 million in series 2009 limited tax bonds, according to a preliminary official statement.

The series 2009 pass-through toll bonds have serial maturities from 2013 through 2034 and the series 2009 limited tax bonds have serial maturities from 2010 through 2029.

Morgan Keegan & Co., Inc. is the senior manager of the negotiated sale.

Co-managers are Estrada Hinojosa & Co., Inc., Samco Capital Markets, Inc., Stifel Nicolaus & Co., Inc. and Banc of America Securities LLC.

The proceeds will be used to construct, renovate, equip and acquire land, buildings and facilities for park and recreational purposes and to improve state highway roads located in the county.


© 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.