Broward County, Fla., readies $125 million sale of TANs for Tuesday

By Sheri Kasprzak

New York, Oct. 15 - Broward County, Fla., is scheduled to price $125 million of series 2012 tax anticipation notes on Tuesday, according to a notice of sale.

The notes (MIG 1) will be sold on a competitive basis with Public Financial Management Inc. and Fidelity Financial Services as the financial advisers.

The notes are due Jan. 25, 2013.

Proceeds will be used to finance capital needs for the county ahead of the collection of certain taxes.

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