Tampa Bay Water Authority, Fla., sets Wednesday as pricing date for $103.67 million revenue bonds

By Sheri Kasprzak

New York, May 16 - The Tampa Bay Water Authority of Florida intends to sell its previously announced $103.67 million in series 2008 utility system revenue bonds Wednesday, according to a calendar of this week's deals.

The bonds (Aa3/AA+/AA) will be sold through senior manager Raymond James. The bonds are due 2032 through 2038.

Proceeds will be used to pay for a portion of project costs, which includes increasing the hydraulic capacity at pump stations, and to fund a deposit to the reserve account.

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