Greenwood ISD, Texas, to sell $51.5 million of school building bonds

By Sheri Kasprzak

New York, July 5 - The Greenwood Independent School District of Texas is expected to price $51,499,919.30 of series 2013 unlimited tax school building bonds, according to a preliminary official statement.

The bonds (/A+/A+) will be sold on a negotiated basis with Raymond James/Morgan Keegan as the senior manager. The co-managers are RBC Capital Markets LLC, Southwest Securities Inc. and Wells Fargo Securities LLC.

The bonds are due 2014 to 2043.

Proceeds will be used to construct, acquire, equip and renovate school facilities in the district.

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