Palm Beach County School Board, Fla., plans $170.69 million of bonds

By Sheri Kasprzak

New York, June 12 – The Palm Beach County School Board of Florida is set to price $170.69 million of series 2014B certificates of participation, according to a preliminary official statement.

The COPs (//AA-) will be sold through senior manager Morgan Stanley & Co. LLC. The co-managers are BofA Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets LLC and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used to repay a portion of the board’s series 2011B certificates.

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