Hillsborough County, Fla., prepares $140.06 million CIT refunding deal

By Sheri Kasprzak

New York, June 29 – Hillsborough County, Fla., is expected to price $140,055,000 of series 2015 community investment tax refunding revenue bonds on July 8, according to a preliminary official statement.

The bonds (A1/AA/AA) will be sold competitively with Public Resources Advisory Group Inc. as the financial adviser.

The bonds are due 2016 to 2025.

Proceeds will be used to advance refund the county’s series 2007 community investment tax revenue bonds and to refund outstanding commercial paper.

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