Frisco ISD, Texas, may price $136.2 million refunding bonds Wednesday

By Sheri Kasprzak

New York, Oct. 14 - The Frisco Independent School District in Texas is tentatively slated to price $136.2 million in unlimited tax school building and refunding bonds on Wednesday, according to a sellside source.

"We may have that information [pricing terms] Wednesday afternoon, depending upon market conditions," the source said.

The bonds (Aa3/AAA/) are being sold on a negotiated basis with First Southwest Co. as the senior manager.

Proceeds will be used to finance school facility projects and to refund a portion of the district's outstanding debt for interest savings.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.