Dallas to price $255.71 million G.O. bonds Thursday

By Sheri Kasprzak

New York, Nov. 10 - The city of Dallas plans to price its previously announced $255.71 million in series 2008 general obligation bonds on Thursday, the issuer told Prospect News Monday.

The bonds (Aa1/AA+/) will be sold on a negotiated basis with Goldman, Sachs & Co. as the lead manager. The co-managers are Walton Johnson & Co., Morgan Stanley & Co. Inc., J.P. Morgan Securities Inc., RBC Capital Markets, Southwest Securities and Siebert Brandford Shank & Co.

Proceeds will be used for public improvement projects.

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