Massachusetts Housing Finance to price $50 million bonds Monday

By Sheri Kasprzak

New York, June 6 - The Massachusetts Housing Finance Authority plans to price $50 million in series 134 and series 135 single family housing revenue bonds on Monday, according to a calendar of sales.

The bonds (Aa2/AA/) will be sold on a negotiated basis with Lehman Brothers; Banc of America Securities LLC; Citigroup Global Markets; Morgan Stanley; Bear, Stearns & Co.; Cabrerra Capital Markets; Depfa First Albany Securities; Fidelity Capital Markets; George K. Baum & Co.; Goldman, Sachs & Co.; JPMorgan; Merrill Lynch; Piper Jaffray; Raymond James & Associates; Rice Financial Products; Siebert Brandford Shank & Co.; and Wachovia Bank as the underwriters.

The sale includes $45.28 million in series 134 bonds and $4.72 million in series 135 bonds. The series 134 bonds are due 2009 to 2018 with term bonds due 2023, 2028 and 2038. The series 135 bonds are due 2010 to 2017.

Proceeds will be used to provide funds for the purchase of single-family housing loans.

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