By Sheri Kasprzak
New York, Aug. 10 - The Manatee County School District of Florida sold $50 million of series 2011 tax anticipation notes, said a pricing sheet.
The notes were sold competitively. Calls to the issuer for the winning bidder were not returned by press time.
The notes are due May 1, 2012 and have a 2% coupon priced at 101.284.
Proceeds will be used to finance capital requirements ahead of the collection of budgeted revenues.
| Issuer: | Manatee County School District
|
| Issue: | Series 2011 tax anticipation notes
|
| Amount: | $50 million
|
| Maturity: | May 1, 2012
|
| Coupon: | 2%
|
| Price: | 101.284
|
| Type: | Competitive
|
| Rating: | Moody's: MIG 1
|
| Pricing date: | Aug. 4
|
| Settlement date: | Aug. 18
|
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