ATLANTA -- Dade County, Fla., yesterday braved an uncertain market to price what its officials described as the first tax-exempt bond issue backed solely by court filing fees.

The $26.5 million offering of special obligation debt, which funds the purchase of a 30-floor office building for the county's court system, is also apparently the first Florida debt issue on which a Hispanic-owned firm serves as lead manager. Book-runner Guzman & Co., which is based in Miami, was joined by three co-managers on the issue, all located in the Miami area: First Equity Corporation of Florida, AIBC Investment Services Corp., and American Government Certificates & Funds Corp.

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