Katy ISD, Texas, coordinates $139.28 million sale of refunding bonds

By Sheri Kasprzak

New York, Nov. 26 – The Katy Independent School District of Texas plans to price $139.28 million of series 2014 refunding bonds, according to a preliminary official statement.

The offering includes $121,145,000 of series 2014A unlimited tax bonds and $18,135,000 of series 2014B limited tax bonds.

The bonds (Aa1/AA/) will be sold on a negotiated basis with Wells Fargo Securities LLC as the senior manager and Jefferies & Co., Coastal Securities Inc., FirstSouthwest Co., Raymond James/Morgan Keegan and Stifel, Nicolaus & Co. Inc. as the co-managers.

The bonds are due 2015 to 2022.

Proceeds will be used to refund existing bonds.

© 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.