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Miami-Dade County School Board, Fla., plans $288.39 million COP deal
By Sheri Kasprzak
New York, Oct. 10 – The Miami-Dade County School Board of Florida plans to price $288,385,000 of series 2014D certificates of participation, according to a preliminary official statement.
The COPs (A1/A/) will be sold on a negotiated basis with J.P. Morgan Securities LLC as the lead manager. The co-managers are BofA Merrill Lynch, Blaylock Beal Van LLC, Citigroup Global Markets Inc., PNC Capital Markets LLC and Loop Capital Markets LLC.
The certificates are due 2017 to 2031.
Proceeds will be used to refund the board’s series 2006A-B certificates.
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