Polk County, Fla., school board offers $56.43 million refunding COPs

By Sheri Kasprzak

New York, Feb. 19 - The School Board of Polk County in Florida is set to sell $56.43 million in series 2010 refunding certificates of participation, according to a preliminary official statement.

The offering includes $50.585 million in series 2010A bonds and $5.845 million in series 2010B bonds.

The COPs (/AAA/AA) will be sold on a negotiated basis with Citigroup Global Markets Inc. The co-managers are Wells Fargo Securities Inc. and Bank of America Merrill Lynch.

The 2010A COPs are due 2011 to 2024, and the 2010B COPs are due 2011 to 2015.

Proceeds will be used to refund the board's series 1999A COPs.

© 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.