Leander I.S.D. in Texas to sell $277 million bonds Tuesday

By Sheri Kasprzak

New York, April 25 - The Leander Independent School District of Texas intends to price $277 million in unlimited tax school building and refunding bonds on Tuesday, according to a calendar of offerings.

The bonds (//AAA) will be sold on a negotiated basis.

The full details of the sale could not be determined by press time Friday, but Citigroup Global Markets is one of the co-managers.

The district plans to use the proceeds to construct and equip new school buildings, renovate existing facilities, purchase land and buses and refund a portion of its outstanding unlimited tax debt.

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