Sunshine State Governmental Financing, Fla., to price $253.21 million for Miami-Dade County

By Sheri Kasprzak

New York, March 23 - The Sunshine State Governmental Financing Commission of Florida is set to price $253.21 million of series 2011A revenue bonds for Miami-Dade County, said a preliminary official statement.

The bonds (Aa3/A+) will be sold on a negotiated basis with J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc. as the senior managers. The co-managers are Barclays Capital Inc.; Citigroup Global Markets Inc.; Goldman, Sachs & Co.; and RBC Capital Markets LLC.

The maturities have not been set.

Proceeds will be loaned to Miami-Dade County to refinance some of the county's existing debt.

Based in Tallahassee, Fla., the commission provides funding to a limited number of governmental entities.

© 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.