E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
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.
Issue:Series 2013B taxable homeowner mortgage revenue bonds
Amount:$89.84 million
Maturity:July 1, 2041
Coupon:2.8%
Price:100
Type:Negotiated
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)
Rating:Moody's: Aaa
Pricing date:May 15
Settlement date:May 30

© 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.