Broward County, Fla., offers $84 million port facilities revenue bonds

By Sheri Kasprzak

New York, June 11 - The county of Broward in Florida is set to sell $84 million in series 2009A port facilities revenue bonds, according to a preliminary official statement.

The bonds (A2/A-/A) will be sold through senior manager Siebert Brandford Shank & Co. LLC. The co-managers are Goldman, Sachs & Co. and Merrill Lynch & Co. Inc.

Proceeds will be used to construct and acquire improvements to Terminal 18 at the county's port for Royal Caribbean Cruises Ltd., to install high-wind bollards throughout the port, to renovate Terminal 19 and to make other repairs and improvements to the port.

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