Miami-Dade County, Fla., schools to sell $132 million RANs Jan. 15

By Sheri Kasprzak

New York, Jan. 5 - The School District of Miami-Dade County in Florida plans to price $132 million in series 2009 revenue anticipation notes on Jan. 15, according to a notice of sale released Monday.

The notes will be sold on a competitive basis with DeLara Associates as the financial adviser.

The notes are due Jan. 28, 2010.

Proceeds will be used to renew a portion of one or more loans financed or refinanced by the district's series 2008B RANs, as well as to retire a portion of the 2008B RANs, which are due Jan. 30, 2009.

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