By Sheri Kasprzak
New York, Aug. 16 - The Florida Municipal Loan Council sold $59.11 million of series 2012 infrastructure improvement revenue bonds, according to a pricing sheet.
The bonds were sold through Wells Fargo Securities LLC and Oppenheimer & Co. Inc.
The bonds are due 2015 to 2017 with 1.5% to 1.95% coupons, all priced at par.
Proceeds will be used to partially finance the design and construction of State Road 9B between Interstate 95 and U.S. Route 1 in Duval County, Fla.
| Issuer: | Florida Municipal Loan Council
|
| Issue: | Series 2012 infrastructure improvement revenue bonds
|
| Amount: | $59.11 million
|
| Type: | Negotiated
|
| Underwriters: | Wells Fargo Securities LLC and Oppenheimer & Co. Inc. (lead)
|
| Pricing date: | Aug. 16
|
| Settlement date: | Sept. 7
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $8.96 million | 2015 | Serial | 1.5% | 100
|
| $41.55 million | 2016 | Serial | 1.75% | 100
|
| $8.6 million | 2017 | Serial | 1.95% | 100
|
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