Peace River Manasota Regional Water, Fla., offers $56.45 million bonds

By Sheri Kasprzak

New York, Dec. 8 – The Peace River Manasota Regional Water Supply Authority of Florida is set to price $56.45 million of series 2014B utility system refunding revenue bonds, according to a preliminary official statement. Pricing is expected on Thursday.

The bonds (Aa3/AA-/AA-) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager. The co-managers are Raymond James/Morgan Keegan, BofA Merrill Lynch and Fifth Third Securities Inc.

The bonds are due 2015 and 2028 to 2035.

Proceeds will be used to refund the authority’s series 2005 revenue bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.