Florida Housing Finance preps $89.84 million of mortgage revenue bonds

By Sheri Kasprzak

New York, May 8 - The Florida Housing Finance Corp. plans to price $89.84 million of series 2013B taxable homeowner mortgage revenue bonds, according to a preliminary official statement.

The bonds (Aaa) will be sold on a negotiated basis with RBC Capital Markets LLC as the senior manager. The co-managers are Citigroup Global Markets Inc., Morgan Stanley & Co. 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.

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