Aledo I.S.D, Texas' $61 million school building bonds price this week

By Sheri Kasprzak

New York, July 7 - The Aledo Independent School District in Texas plans to price its previously announced $61 million series 2008 unlimited tax school building bonds this week, according to a calendar of upcoming deals.

The bonds will be sold on a negotiated basis with Southwest Securities as the lead manager. The co-managers are Edward Jones, Frost, Morgan Keegan and Raymond James.

The sale includes $55.365 million in current interest bonds, which are due from 2036 to 2043, and $5.635 million in capital appreciation bonds, which are due 2012 to 2036.

Proceeds will be used to construct, equip and acquire school buildings.

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