BRADENTON, Fla. — Miami-Dade County expects to be in the market early next week for a two-day pricing of $600 million of water and sewer bonds — the first round of large yearly debt sales for a newly revised $4.2 billion capital improvement program.

Proceeds will be used to finance capital improvements, repay a credit line up to $100 million, fund capitalized interest, and pay issuance costs. The deal is expected to be the first of five annual offerings the county will bring to market as it uses bonds to finance 83% of the five-year capital improvement program as it currently is envisioned.

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