Texas-based
firm issues bond to make a difference for Weslaco ISD
students
SAN
ANTONIO, July 24, 2024 /PRNewswire/ -- SWBC
Investment Services, LLC, announced it was named a Co-Manager on
the Weslaco Unlimited Tax School Building Bond, Series 2024.
Issuer: Weslaco ISD
Issue: Unlimited Tax School Building Bond, Series 2024
Security Type: Municipal Bonds
Tax Treatment: Tax Exempt
Amount: $155,345,000
SWBC's Role: Co-Manager
Sale Type: Underwriting
Sale Date: 05/07/2024
Settlement Date: 05/30/2024
Use of Proceeds: Purchase of sites, construction of new
athletic and performing arts facilities and school buildings,
rehabilitation and renovation of existing school buildings, and
purchase of school buses.
"We are honored to have co-managed this important bond
transaction for Weslaco ISD," said Lynda
Rodriguez, Vice President of Public Finance for SWBC
Investment Services. "This initiative is a testament to the
district's commitment to providing high-quality education, and we
look forward to the district's continued success."
Leveraging our extensive experience in the municipal bond
market, SWBC Investment Services has consistently demonstrated a
track record of successful bond issuances. Since 2018, the company
has managed nearly $2 billion of new
issue municipal bond financing transactions.
"SWBC is a Texas-based firm
founded by Charlie Amato and
Gary Dudley over 48 years ago," said
Scott Rykert, CEO of SWBC Investment
Services. "While the company has served governmental entities
throughout the United States, its
Texas-based location enables the
firm to effectively understand and represent Texas issuers in front of investors."
In addition to independent school districts, SWBC Investment
Services serves a diverse number of public entities, including
cities and counties; higher education institutions; municipal
utility, water, drainage, and special districts; and regional
transportation districts. For more information about SWBC
Investment Services and our services, please visit our website.
About SWBC
As a diversified financial services
company, SWBC provides financial institutions, businesses, and
individuals with a wide range of insurance, mortgages, wealth
management, employee benefits, and more. Headquartered in
San Antonio, Texas, SWBC has
partners and divisions across all 50 states and manages businesses
around the world. No matter how wide its reach, SWBC always listens
to our customers' needs, analyzes their current situations, and
recommends customized solutions. For more information about our
innovative approach to personalized service, visit SWBC's website..
Securities offered by SWBC Investment Services, LLC, member SIPC
& FINRA. Advisory services are offered by SWBC Investment
Services Company, a Registered Investment Advisor.
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SOURCE SWBC