DALLAS — After years of discussion and disagreements about expanding Fort Worth’s celebrated Kimbell Art Museum, a finance team is preparing a $62 million bond package to build an adjacent gallery.

The underwriting team is led by JPMorgan as book-runner. Bank of Texas is co-manager. Two series are expected to be issued July 12 through the Orchard Cultural Facilities Education Corp. — $13 million of tax-exempt and $48 million of taxable revenue bonds.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.