By Sheri Kasprzak
New York, April 29 – The Illinois Housing Development Authority sold $102 million of series 2015 multifamily housing revenue floating-rate notes, according to a pricing sheet.
The notes (Aaa) were sold through Goldman, Sachs & Co.
The notes are due May 15, 2050 and bear interest at the Sifma index rate plus 100 basis points.
Proceeds will be used to finance a loan to Marshall Field Preservation LP, operator of a multifamily rental housing unit on North Sedgwick Street in Chicago.
| Issuer: | Illinois Housing Development Authority
|
| Issue: | Series 2015 multifamily housing revenue floating-rate notes
|
| Amount: | $102 million
|
| Maturity: | May 15, 2050
|
| Coupon: | Sifma index plus 100 bps
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriter: | Goldman, Sachs & Co.
|
| Rating: | Moody’s: Aaa
|
| Pricing date: | April 28
|
| Settlement date: | April 30
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
