Eagle Mountain-Saginaw ISD, Texas, preps $53.85 million bond sale

By Sheri Kasprzak

New York, April 9 - The Eagle Mountain-Saginaw Independent School District of Texas is expected to price $53,845,000 of series 2013A unlimited tax refunding bonds, according to a preliminary official statement.

The bonds will be sold through First Southwest Co. and Baird & Co. The co-managers are Raymond James/Morgan Keegan and Southwest Securities Inc.

The bonds are due 2016 to 2033.

Proceeds will be used to refund the district's series 2006 and 2007 unlimited tax school building bonds.

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