By Aaron Hochman-Zimmerman
New York, Jan. 22 - The School District Of Miami-Dade County in Florida priced $132 million in one-year series 2009 revenue anticipation notes on Wednesday, according to Silvia Rojas of the district.
Citigroup purchased $107 million of the notes at 0.6%, while Barclays purchased $25 million at 0.55%.
DeLara Associates acted as the financial advisor for the competitive sale.
Proceeds will renew a portion of one or more loans financed or refinanced by the district's series 2008B RANs and retire a portion of the 2008B RANs due Jan. 30, 2009.
Issuer: School District Of Miami-Dade County
Issue: Series 2009 revenue anticipation notes
| Amount: | $132 million
|
| Maturity: | One year
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| Type: | Competitive
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| Financial advisor: | DeLara Associates
|
|
|
| Amount: | $107 million
|
| Purchaser: | Citigroup
|
| Yield: | 0.6%
|
|
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| Amount: | $25 million
|
| Purchaser: | Barclays
|
| Yield: | 0.55%
|
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