By Aaron Hochman-Zimmerman
New York, May 4 - The Dallas County Community College District in Texas priced $110 million in series 2009 government obligation bonds at a true interest cost of 4.05% (Aaa/AAA/AAA), according to Ed DesPlas, executive vice chancellor for business affairs.
Full terms were not released from the competitive offering; however, the bonds carry serial maturities from 2010 to 2029.
Southwest Securities Inc. acted as financial adviser to the deal.
Proceeds will be used for capital expenses.
The Dallas County Community College District is located in Dallas.
| Issuer: | Dallas County Community College District
|
| Issue: | Series 2009 G.O. bonds
|
| Amount: | $110 million
|
| Maturities: | 2010 to 2029
|
| True interest cost: | 4.05%
|
| Type: | Competitive
|
| Pricing date: | May 4
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
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