Corpus Christi, Texas, prepares $103.5 million utility system bonds

By Sheri Kasprzak

New York, Dec. 2 - The City of Corpus Christi, Texas, is set to price $103.5 million of series 2013 junior lien utility system revenue bonds on Thursday, according to a sales calendar.

The bonds (A1/A/) will be sold through lead manager Piper Jaffray & Co.

Proceeds will be used to finance capital improvements to the city's utility system.

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