Orlando-Orange County Expressway Authority, Fla., to sell $350 million revenue bonds March 15 week

By Sheri Kasprzak

New York, March 8 - The Orlando-Orange County Expressway Authority is set to sell $350 million in series 2010A revenue bonds during the week of March 15, according to a preliminary official statement.

The bonds (A1/A/A) will be sold through senior manager J.P. Morgan Securities Inc. The co-managers are Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Loop Capital Markets LLC; Raymond James & Associates Inc.; Barclays Capital Inc.; Goldman Sachs & Co.; Morgan Stanley & Co. Inc.; RBC Capital Markets Corp.; and Wells Fargo Securities Inc.

The maturities have not been set.

Proceeds will be used to fund construction projects included in the authority's five-year plan.

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