Eagle Mountain-Saginaw ISD, Texas, markets $156.91 million bonds

By Cristal Cody

Eureka Springs, Ark., March 31 –The Eagle Mountain-Saginaw Independent School District in Tarrant County, Texas is in the deal pipeline with $156.91 million of unlimited tax refunding bonds, according to a preliminary official statement.

The series 2016 bonds have serial maturities from 2018 through 2037.

Hilltop Securities Inc. is the bookrunner for the negotiated sale. Raymond James/Morgan Keegan and William Blair & Co. are the co-managers.

Proceeds from the deal will be used to refund a portion of the district’s outstanding bonds.

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