Florida Education Department offers details on $200 million capital outlay bonds

By Cristal Cody

Springdale, Ark., June 19 - The Florida Department of Education released additional details about the planned competitive sale of $200 million full-faith-and-credit public education capital outlay bonds.

The series 2006E bonds (//AA+) have serial maturities from 2009 through 2038. The bonds were authorized by the state in 2006.

Squire, Sanders & Dempsey LLP is the state's bond counsel.

Proceeds will be used for capital projects.

Florida prices bonds in competitive sales with an 18-hour notice.

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