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Published on 4/30/2012 in the Prospect News Municipals Daily.

Metropolitan Transportation Authority, N.Y., to remarket $200 million of 2002 D-1 revenue bonds

By Sheri Kasprzak

New York, April 30 - The Metropolitan Transportation Authority of New York is expected to remarket its $200 million of series 2002D-1 transportation revenue bonds during the week of April 30, said a sales calendar.

The bonds (/A/A) will be remarketed through senior manager J.P. Morgan Securities LLC. The co-managers are Duncan-Williams Inc., Barclays Capital Inc., Bank of America Merrill Lynch, Citigroup Global Markets Inc., Goldman Sachs & Co., Jefferies & Co., Morgan Stanley & Co. LLC, Ramirez & Co. Inc., Siebert Brandford Shank & Co., Wells Fargo Securities LLC, BB&T Capital Markets Inc., Edward D. Jones & Co., Fidelity Capital Markets LLC, FirstSouthwest Co., Jackson Securities, Loop Capital Markets LLC, M.R. Beal & Co., Piper Jaffray & Co., Raymond James/Morgan Keegan, RBC Capital Markets LLC, Rice Financial Products Co., Roosevelt & Cross Inc., Stifel, Nicolaus & Co. and Wells Fargo Securities LLC.

The bonds will be switched to a fixed-rate mode from the current weekly mode, according to Fitch.


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