Dallas ISD plans $222.58 million unlimited tax refunding bonds

By Sheri Kasprzak

New York, Dec. 1 – The Dallas Independent School District of Texas is scheduled to price $222.58 million of series 2014B unlimited tax refunding bonds on Wednesday, according to a preliminary official statement.

The bonds (Aa1//AA+) will be sold through senior manager Morgan Stanley & Co. LLC. The co-managers are J.P. Morgan Securities LLC, Ramirez & Co. Inc. and Southwest Securities Inc.

The bonds are due 2015, 2017, 2019 to 2020, 2022, 2025 to 2026 and 2029 to 2032.

Proceeds will be used to refund the district’s series 2006 and 2008 school building bonds.

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