Florida Gears Up for $311M of Public Education Capital Outlay Bonds

Sigo, Shelly
January 2005
Bond Buyer;1/7/2005, Vol. 351 Issue 32045, p3
Trade Publication
The article reports that Florida is preparing to competitively sell $311 million of public education capital outlay refunding bonds for its first deal of the year. The Series 2005A bonds currently are on the day-to-day calendar. The Division of Bond Finance, which acts as its own financial adviser, conducts bond sales on behalf of the state and most of its agencies. Proceeds from the sale will be used to current refund a portion of outstanding PECO refunding bonds, 1995 Series A maturing in years 2006 through 2019, and 1995 Series C maturing 2006 through 2021. The refunding will lower debt service costs, the preliminary official statement said.


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