Sunshine State Financing rescinds mandatory tender of Miami-Dade bonds

By Marisa Wong

Madison, Wis., April 4 - The Sunshine State Governmental Financing Commission of Florida gave notice that it rescinded the mandatory tender of its $112.95 million Miami-Dade County Program multimodal revenue bonds, series 2010A and 2010B.

The bonds were originally subject to mandatory tender because of the conversion of the bonds to a long-term interest rate period from a weekly interest rate period, effective April 14.

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