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Tampa Bay Water, Fla., to price $66.17 million utility system bonds
By Sheri Kasprzak
New York, Oct. 19 - Tampa Bay Water of Florida is set to sell $66.165 million in series 2010 utility system refunding revenue bonds, according to a preliminary official statement.
The bonds (Aa2/AA+/AA+) will be sold on a negotiated basis with Raymond James & Associates Inc. and Citigroup Global Markets Inc. as the senior managers.
The bonds are due 2025 to 2027.
Proceeds will be used to refund the authority's series 1998A and 2001B revenue bonds.
Based in Tampa, Fla., Tampa Bay Water is a regional water utility.
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