Loop Capital Markets priced the second of two senior managed refunding transactions for Harris County, Texas

In May, Loop Capital Markets priced the second of two senior managed refunding transactions for Harris County, Texas.  The $34.2 million deal, which will close on June 23, 2005, resulted in $1.15 million in present value savings including $440,000 in the current fiscal year.  The first $69.8 million transaction, also led by Loop Capital Markets, closed in April of 2005 and generated more than $2.1 million in additional present value savings.  In addition to our work with Harris County, we have also completed senior managed financings in 2005 for Houston Community College Systems and the Port Arthur (TX) Independent School District.