Metropolitan Transportation Authority, N.Y., offers $130 million bonds

By Sheri Kasprzak

New York, March 17 - The Metropolitan Transportation Authority of New York City is set to price $130 million of series 2011A dedicated tax fund refunding bonds, according to a preliminary official statement.

The bonds will be sold through Jefferies & Co. Inc. and Jackson Securities.

The co-managers are Barclays Capital Inc., Merrill Lynch, Citigroup Global Markets Inc., Goldman Sachs & Co., J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc., Ramirez & Co. Inc., Siebert Brandford Shank & Co. LLC, Wells Fargo Securities LLC, BB&T Capital Markets, Duncan-Williams Inc./Oppenheimer & Co. Inc., Edward Jones & Co., Fidelity Capital Markets LLC, First Southwest Co., Loop Capital Markets LLC, M.R. Beal & Co. Inc., Morgan Keegan & Co. Inc., Piper Jaffray & Co., Raymond James & Associates Inc., RBC Capital Markets LLC, Rice Financial Products Co., Roosevelt & Cross Inc., Stifel, Nicolaus & Co. Inc. and TD Securities (USA) LLC.

The bonds are due 2012 to 2021.

Proceeds will be used to refund the MTA's series 2001A bonds.

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