Corpus Christi, Texas, to sell $55 million utility bonds Tuesday

By Sheri Kasprzak

New York, April 23 - The City of Corpus Christi, Texas, is scheduled to bring to market $55 million of series 2012 utility system revenue refunding bonds on Tuesday, according to a sales calendar.

The bonds (Aa3//AA+) will be sold through senior manager Siebert Brandford Shank & Co. LLC.

Proceeds will be used to acquire, construct, extend and renovate the city's combined utility system and to refund existing revenue bonds.

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