El Paso, Texas, preps $69.89 million water and sewer bond offering

By Cristal Cody

Tupelo, Miss., Jan. 8 - The City of El Paso, Texas plans to price $69.89 million of water and sewer revenue refunding bonds, according to a preliminary official statement.

The series 2014 bonds (/AA+/AA+) have serial maturities from 2015 through 2034.

Raymond James/Morgan Keegan and Ramirez & Co., Inc. will manage the negotiated offering.

Proceeds will be used to refund a portion of the city's outstanding water and sewer revenue bonds and water and sewer system commercial paper notes.

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