Florida Development Finance plans $58.45 million sale of Renaissance Charter School bonds

By Sheri Kasprzak

New York, Oct. 23 - The Florida Development Finance Corp. is set to price $58,445,000 of series 2012 educational facilities revenue bonds for the Renaissance Charter School, according to a preliminary official statement.

The offering includes $54,925,000 of series 2012A tax-exempt bonds and $3.52 million of series 2012B taxable bonds.

The bonds will be sold through Ziegler Capital Inc.

The maturities have not been set.

Proceeds will be used to finance the construction, equipment and acquisition of charter schools in Leon, Orange, Osceola and Palm Beach counties in Florida.

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