Katy I.S.D., Texas, to sell $100 million school building bonds

By Sheri Kasprzak

New York, May 12 - The Katy Independent School District in Texas plans to price $100 million in unlimited tax school building bonds, according to a calendar of upcoming deals.

The bonds are set to price the week of May 12, but the exact pricing date could not be determined by press time.

The bonds will be sold on a negotiated basis through lead manager Morgan Stanley.

Proceeds will be used to construct, equip and acquire two new elementary schools and a junior high school, which are scheduled for completion in August.

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