Dallas ISD: Final Bond 2015 Sale Nets $93.5M Savings Over Previous Projections
February 02, 2021
February 02, 2021
DALLAS, Texas, Feb. 2 -- The Dallas Independent School District issued the following news release:
On January 20, Dallas ISD completed a competitive sale of the final $299.2 million in bonds from the 2015 voter-approved bond program. Initial projections suggested this final 2015 sale would be at a 3.75% interest rate amortized over 30 years. However, due to the district's great credit rating and the strength of the market, the district received the lower rate of 1.64% amortized over . . .
On January 20, Dallas ISD completed a competitive sale of the final $299.2 million in bonds from the 2015 voter-approved bond program. Initial projections suggested this final 2015 sale would be at a 3.75% interest rate amortized over 30 years. However, due to the district's great credit rating and the strength of the market, the district received the lower rate of 1.64% amortized over . . .