BRADENTON, Fla. — Hoping to tap a new investor base, Florida's Citizens Property Insurance Corp. plans to sell up to $2 billion of one-year tax-exempt notes Tuesday as part of a new plan to provide liquidity for the current hurricane season, which started June 1.

Investors, including money market funds previously not eligible to participate in Citizens' offerings, will learn about the newest product in a conference call today. The Series 2008A-2 offering will consist of uninsured, senior-secured notes with interest payments on Dec. 1 of this year and at maturity on June 1, 2009.

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