Dallas plans to price $161.37 million revenue refunding bonds

By Cristal Cody

Springdale, Ark., May 22 -Dallas, Texas, intends to price $161.37 million waterworks and sewer system revenue refunding bonds in a competitive sale on May 28, according to a notice.

The series 2008 bonds (Aa2/AAA/) have serial maturities from Oct. 1, 2008 through Oct. 1, 2037.

First Southwest Co. and Estrada Hinojosa & Co. are co-financial advisors.

Proceeds will be used to refund and retire $165 million of the city's outstanding $230.542 million commercial paper notes.

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