Orange County School District, Fla., to sell $105 million COPs April 10

By Sheri Kasprzak

New York, April 7 - The Orange County School District in Florida plans to price $105 million in certificates of participation (COPs) on April 10, the issuer confirmed Monday.

The bonds (A1/A-1+/F1+) will be sold on a negotiated basis through lead manager Citigroup Global Markets.

The bonds are due Aug. 1, 2032.

The certificates will bear interest initially at the weekly rate.

Proceeds from the deal will be used to refund the district's $105 million in series 2007B certificates.

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