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Lee County, Fla., prepares $110.88 million transportation bond sale
By Sheri Kasprzak
New York, Oct. 8 – Lee County, Fla., plans to sell $110.88 million of series 2014 transportation facilities refunding revenue bonds, according to a preliminary official statement.
The bonds (A3/A-/) will be sold through senior manager BofA Merrill Lynch with RBC Capital Markets LLC and Loop Capital Markets LLC as the co-managers.
The bonds are due 2015 to 2035.
Proceeds will be used to refund the county’s series 2004A and 2005A-B transportation facilities revenue bonds.
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