El Paso, Texas, coordinates $149.52 million sale of water, sewer bonds

By Sheri Kasprzak

New York, Dec. 2 – The City of El Paso, Texas, is set to price $149.52 million of series 2015 water and sewer revenue refunding bonds, according to a preliminary official statement.

The bonds (/AA+/AA+) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager. The co-managers are BOSC Inc. and Wells Fargo Securities LLC.

The bonds are due 2016 to 2035.

Proceeds will be used to refund the city’s series 2005B-C, 2006, 2006A, 2007 and 2008C water and sewer bonds.

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