Wylie ISD, Texas, preps $58.64 million sale of refunding bonds

By Sheri Kasprzak

New York, March 25 - The Wylie Independent School District of Texas is set to sell $58,642,374 of series 2013 unlimited tax refunding bonds during the week of March 25, according to a sales calendar.

The bonds (Aa3) will be sold through Citigroup Global Markets Inc.

Proceeds will be used to refund the district's series 1998, 2001 and 2005 unlimited tax bonds for an estimated net present value savings of 15.4% with no extension of final maturity.

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