Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Fort Lauderdale > News item |
Fort Lauderdale, Fla., arranges $337.84 million sale of taxable special obligation bonds
By Sheri Kasprzak
New York, Sept. 14 - The City of Fort Lauderdale, Fla., plans to price $337.84 million of series 2012 taxable special obligation bonds, said a preliminary official statement.
The bonds (A1/AA-/) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager. The co-managers are J.P. Morgan Securities LLC, Bank of America Merrill Lynch and Morgan Stanley & Co. LLC.
The bonds are due 2013 to 2027 with a term bond due in 2032.
Proceeds will be used to fund a previously unfunded pension plan.
© 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.