Solid Waste Authority, Palm Beach, Fla., plans $268.07 million bond sale

By Sheri Kasprzak

New York, March 27 - The Solid Waste Authority of Palm Beach County in Florida is set to price $268.065 million in series 2009 improvement revenue bonds, according to a preliminary official statement.

The bonds (Aa3/AA/) will be sold through lead manager Citigroup Global Markets Inc. The co-managers are Jackson Securities Inc., Janney Montgomery Scott LLC, Loop Capital Markets LLC, Merrill Lynch & Co. Inc., Raymond James & Associates Inc. and Wachovia Bank.

The bonds are due 2011 to 2028.

Proceeds will be used to refurbish the authority's resource recovery facility, as well as to purchase additional landfill space.

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