Beaumont Independent School District's $90 million school building bonds will price Feb. 21

By Sheri Kasprzak

New York, Feb. 13 - The Beaumont Independent School District in Jefferson County, Texas will prices its offering of $90 million in unlimited tax school building bonds on Feb. 21, a sell-side source familiar with the deal told Prospect News Wednesday.

The bonds (Aaa/AAA) will be sold on a negotiated basis through a syndicate led by UBS Investment Bank. The co-managers include Estrada Hinojosa & Co., Inc.; JPMorgan; Loop Capital Markets; Southwest Securities; Merrill Lynch & Co.; Banc of America Securities; Edward Jones; and Raymond James & Associates.

The district plans to use the proceeds to construct, equip and renovate school buildings.

© 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.