Miami-Dade, Fla., to bring $340 million professional sports franchise refunding bonds June 15 week

By Sheri Kasprzak

New York, June 11 - Miami-Dade County in Florida is scheduled during the week of June 15 to sell its previously announced $340 million in series 2009 professional sports franchise facilities tax and revenue refunding bonds, according to a calendar of upcoming deals.

The bonds (Aa2/AAA/AA) will be sold through lead manager Merrill Lynch & Co. Inc.

The co-managers include Goldman Sachs & Co.; Raymond James & Associates Inc.; Rice Financial Products Co.; Samuel Ramirez & Co.; Estrada Hinojosa & Co. Inc.; Jackson Securities Inc.; Loop Capital Markets LLC; M.R. Beal & Co.; Siebert Brandford Shank & Co. LLC; Stifel, Nicolaus & Co. Inc.; and Wachovia Bank.

Proceeds will be used to fund costs associated with constructing a new baseball system for the Florida Marlins.

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