Houston Higher Education Finance to sell $101.16 million bond offering

By Sheri Kasprzak

New York, June 25 – Houston Higher Education Finance Corp. plans to price $101,155,000 of series 2014A education revenue and refunding bonds for Harmony Public Schools, according to a preliminary official statement.

The bonds (/BBB/) will be sold on a negotiated basis with Raymond James/Morgan Keegan and Jefferies & Co. as the senior managers.

The bonds are due 2015 to 2034 with term bonds due in 2038 and 2044.

Proceeds will be used to finance the expansion of existing campuses and the construction of new campuses, as well as to construct a new gymnasium.

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