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Hillsborough County School Board, Fla., readies $150 million of COPs
By Sheri Kasprzak
New York, July 27 – The Hillsborough County School Board of Florida is set to price $150 million of series 2015A refunding certificates of participation, according to a preliminary official statement.
The COPs (Aa2/AA-/AA) will be sold on a negotiated basis with Wells Fargo Securities LLC as the senior manager. The co-managers are BofA Merrill Lynch, RBC Capital Markets LLC, Raymond James/Morgan Keegan and Stifel, Nicolaus & Co. Inc.
The maturities have not been set.
Proceeds will be used to refund the school board’s series 2005A, 2006A and 2007 certificates of participation.
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