Broward County, Fla., to price $50 million Port Everglades refunding bonds

By Cristal Cody

Springdale, Ark., July 2 -Broward County in Florida plans to price $50 million Port Everglades variable-rate bonds on Tuesday, said Mike Geoghegan, chief financial officer.

The county intends to execute a swap on Monday for a fixed rate, he said.

The seven-day floaters will be refunded because they were insured by Ambac Financial Group.

Goldman, Sachs & Co. is the remarketing agent.

© 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.