A Bond-Watch item yesterday misstated the amount of funds the Florida Hurricane Catastrophe Fund has on hand. The fund has $4 billion of available cash plus the proceeds of $3.5 billion of taxable debt to pay claims.
Yesterday’s story about Miami-Dade County’s $600 million aviation bond sale misidentified two law firms involved in the deal. Greenberg Traurig PA is co-bond counsel and GrayRobinson PA is underwriters’ counsel.
- Yesterday’s story about an upgrade of San Diego’s sewer debt misspelled the name of the bond counsel on two upcoming deals. It is Nixon Peabody LLP.