Klein ISD, Texas, to sell $62.37 million refunding, schoolhouse bonds

By Sheri Kasprzak

New York, April 27 - The Klein Independent School District of Harris County, Texas, is set to sell $62.365 million in series 2009 bonds. The bonds are expected to price in May.

The sale includes $17.365 million in series 2009A unlimited tax refunding bonds and $45 million in series 2009B unlimited tax schoolhouse bonds.

First Southwest Securities Inc. is the senior manager. The co-managers are Coastal Securities Inc., Morgan Keegan & Co. Inc., Southwest Securities Inc. and Wachovia Bank.

Proceeds will be used to refund existing bonds and make improvements to schools within the district.

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