Pflugerville I.S.D., Texas, to price $125 million unlimited tax school building bonds

By Cristal Cody

Springdale, Ark., May 9 - Pflugerville Independent School District in Texas expects to price $125 million unlimited tax school building bonds on Wednesday, the issuer told Prospect News.

The series 2008 bonds have serial maturities from 2010 through 2033.

RBC Capital Markets is the senior manager of the negotiated sale. Morgan Keegan & Co., Estrada Hinojosa & Co. and Morgan Stanley are co-managers.

The bulk of the proceeds will be used to purchase school sites and construct new schools, said David Andersen, chief financial officer for the district.

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