Miami-Dade County Expressway, Fla., to sell $350 million bonds Aug. 4

By Sheri Kasprzak

New York, July 26 - The Miami-Dade County Expressway Authority in Florida is set to sell $350 million in series 2010 toll system revenue bonds on Aug. 4, according to a sales calendar.

The bonds (A3/A/A-) will be sold through Citigroup Global Markets Inc. The co-managers include Bank of America Merrill Lynch, J.P. Morgan Securities Inc., Morgan Keegan & Co. Inc., Morgan Stanley & Co. Inc., Raymond James & Associates Inc., Sterne, Agee & Leach Inc., Rice Financial Products Co. and Siebert Brandford Shank & Co. LLC.

Proceeds will be used to finance the authority's 2011 to 2015 work program.

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