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Florida Housing Finance to price $50 million homeowner mortgage revenue bonds
By Cristal Cody
Springdale, Ark., July 8 - The Florida Housing Finance Corp. intends to price $50 million homeowner mortgage revenue bonds, according to a preliminary official statement released Tuesday.
The series 2008-2 bonds have serial maturities from 2010 through 2018 and term maturities on July 1, 2023; July 1, 2028; Jan. 1, 2039; and July 1, 2039.
RBC Capital Markets is the senior manager of the negotiated sale. Citigroup Global Markets and J.P. Morgan Securities Inc. are co-managers.
Proceeds will be used to refund and replace debt and to finance or purchase mortgage-backed securities.
Additional information was not immediately available.
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