Ysleta ISD, Texas, arranges $51.21 million sale of refunding bonds

By Sheri Kasprzak

New York, Nov. 14 - The Ysleta Independent School District of Texas is set to price $51.21 million of series 2012A unlimited tax refunding bonds, according to a preliminary official statement.

The bonds (Aaa/AAA/) will be sold on a negotiated basis with Siebert Brandford Shank & Co. LLC as the senior manager. The co-managers are Jefferies & Co. and Raymond James/Morgan Keegan.

The bonds are due 2013 to 2014 and 2016 to 2030.

Proceeds will be used to refund a portion of the district's series 2005 unlimited tax building bonds.

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