Hillsborough County School Board, Fla., intends to sell $96.54 million refunding COPs Wednesday

By Sheri Kasprzak

New York, March 15 - The School Board of Hillsborough County, Fla., is scheduled to price $96.535 million in refunding certificates of participation on Wednesday, according to a preliminary official statement.

The bonds (Aa3//AA-) will be sold on a negotiated basis. Wells Fargo Securities Inc. and Bank of America Merrill Lynch are the lead managers.

The co-managers are Citigroup Global Markets Inc., Jackson Securities Inc., Morgan Stanley & Co. Inc. and Raymond James & Associates Inc.

The bonds are due 2010 to 2025.

The school board plans to use the proceeds to refund its series 2001A COPs.

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