BRADENTON, Fla. — Tampa, Fla., this week is marketing $20 million of taxable bonds to pay workers’ compensation claims in a transaction that could be a model for other deals.

The bonds are being sold by Morgan Keegan & Co., which approached the self-insured city about doing the deal. It is the first transaction of its kind for Morgan Keegan, said managing director Jon Eichelberger.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.