Florida Housing organizes $108.08 million sale of revenue bonds

By Sheri Kasprzak

New York, April 15 - The Florida Housing Finance Corp. is set to price $108.08 million of series 2013A taxable homeowner mortgage revenue bonds, according to a preliminary official statement.

The bonds (Aaa) will be sold through senior manager Morgan Stanley & Co. LLC. The co-managers are Citigroup Global Markets Inc., RBC Capital Markets LLC, BofA Merrill Lynch, George K. Baum & Co., Janney Montgomery Scott LLC and Raymond James/Morgan Keegan.

The bonds are due July 1, 2041.

Proceeds will be used to finance mortgage loans to qualified Florida residents.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.