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Florida Board of Education plans $423.26 million PECO bonds Tuesday
By Sheri Kasprzak
New York, March 5 - The Florida Board of Education plans to bring $423.255 million in series 2010 public education capital outlay bonds on Tuesday, according to a sales calendar.
The bonds (//AA+) will be sold on a competitive basis.
The sale includes $253.255 million in series 2010A tax-exempt bonds and $170 million in series 2010B taxable bonds.
The 2010A bonds are due 2011 to 2022 and the 2010B bonds are due 2018 to 2033.
Proceeds will be used to fund school construction and other educational facilities requirements throughout the state.
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