Coppell ISD, Texas, prepares $52.32 million school bond offering

By Sheri Kasprzak

New York, July 21 – The Coppell Independent School District of Texas is expected to price $52,315,000 of series 2014 unlimited tax school building bonds, according to a preliminary official statement.

The bonds (/AA+/AA+) will be sold on a negotiated basis with Southwest Securities Inc. as the lead manager. The co-managers are BOSC Inc. and RBC Capital Markets LLC.

The bonds are due 2015 to 2020 and 2024 to 2044.

Proceeds will be used to construct, equip and acquire school buildings in the district, as well as to purchase new school buses and sites for school buildings.

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