Miami-Dade County, Florida to sell $487.4 mln revs on July 18

July 5 Fri Jul 5, 2013 11:16am EDT

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July 5 (Reuters) - Miami-Dade County, Florida is planning to sell $487.4 million of water and sewer system revenue bonds on July 18, said a market source on Friday.

The sale consists of $339 million of new bonds and $148.4 million of refunding bonds, according to the preliminary official statement.

Morgan Stanley is the lead manager on the sale.