Cypress-Fairbanks ISD, Texas, to sell $113.77 million bonds Wednesday

By Sheri Kasprzak

New York, Feb. 7 - The Cypress-Fairbanks Independent School District of Texas is set to price $113,765,000 of series 2012 school building and refunding bonds on Wednesday, according to a sales calendar.

The bonds will be sold on a negotiated basis with Southwest Securities Inc. as the lead manager.

Proceeds will be used to finance the construction and renovation of schools within the district, as well as to refund existing debt.

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