Florida Water Pollution Control to sell $201.12 million revenue bonds

By Sheri Kasprzak

New York, Dec. 15 - The Florida Water Pollution Control Financing Corp. plans to sell $201.12 million in series 2008A water pollution control revenue bonds this week, according to a preliminary official statement.

The bonds (Aaa/AAA/AAA) will be sold on a negotiated basis with Citigroup Global Markets as the lead manager. The co-managers are J.P. Morgan Securities Inc., Morgan Stanley & Co. Inc., Banc of America Securities LLC, Raymond James & Associates, Loop Capital Markets, Depfa First Albany Securities and Siebert Brandford Shank & Co.

The bonds are due from 2010 to 2023 with a term bond due 2029.

Proceeds will be used for loans to eligible borrowers for water pollution control projects.

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