Published on 5/15/2013 in the Prospect News Municipals Daily.
New Issue: Florida Housing Finance prices $89.84 million of 2.8% homeowner mortgage revenue bonds
By Sheri Kasprzak
New York, May 15 - The Florida Housing Finance Corp. sold $89.84 million of series 2013B taxable homeowner mortgage revenue bonds, said a pricing sheet.
The bonds (Aaa) were sold through senior manager RBC Capital Markets LLC.
The bonds are due July 1, 2041 and have a 2.8% coupon priced at par.
Proceeds will be used to finance mortgage bonds.
Issuer: | Florida Housing Finance Corp.
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Issue: | Series 2013B taxable homeowner mortgage revenue bonds
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Amount: | $89.84 million
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Maturity: | July 1, 2041
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Coupon: | 2.8%
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Price: | 100
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Type: | Negotiated
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Underwriters: | RBC Capital Markets LLC (lead), Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, BofA Merrill Lynch, George K. Baum & Co., Janney Montgomery Scott LLC and Raymond James/Morgan Keegan (co-managers)
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Rating: | Moody's: Aaa
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Pricing date: | May 15
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Settlement date: | May 30
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