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Florida Housing preps $54.82 million sale of mortgage revenue bonds
By Sheri Kasprzak
New York, Oct. 12 - The Florida Housing Finance Corp. is expected to price $54.82 million of series 2011C non-AMT housing mortgage revenue bonds, according to a preliminary official statement.
The bonds (Aaa) will be sold on a negotiated basis with Citigroup Global Markets Inc. The co-managers are Morgan Stanley & Co. LLC, RBC Capital Markets LLC, Bank of America Merrill Lynch, George K. Baum & Co. Inc., Janney Montgomery Scott LLC and Morgan Keegan & Co. Inc.
The bonds are due 2013 to 2021 with term bonds due in 2026 and 2030.
Proceeds will be used to make single-family housing loans.
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