Seminole County, Fla., arranges $170.33 million of water, sewer bonds

By Sheri Kasprzak

New York, April 27 – Seminole County, Fla., is set to price $170.33 million of series 2015 water and sewer revenue refunding bonds, said a preliminary official statement.

The offering includes $138.21 million of series 2015A bonds and $32.12 million of series 2015B bonds.

The bonds (Aa2/AA/) will be sold on a negotiated basis with Stifel, Nicolaus & Co. LLC as the lead manager and Citigroup Global Markets Inc. and Raymond James/Morgan Keegan as the co-managers.

The maturities have not been set.

Proceeds will be used to refund the county’s series 2005 and 2006 water and sewer revenue bonds.

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