By Sheri Kasprzak
New York, Sept. 9 – The Metropolitan Transportation Authority of New York priced $500 million of series 2015A dedicated tax fund bond anticipation notes, according to a pricing sheet.
The notes were sold competitively, but the winning bidders were not immediately available Wednesday.
The deal included $200 million of series 2015A-1 notes, $30 million of series 2015A-2 notes, $10 million of series 2015A-3 notes, $75 million of series 2015A-4 notes, $50 million of series 2015A-5 notes, $30 million of series 2015A-6 notes, $35 million of series 2015A-7 notes and $70 million of series 2015A-8 notes.
The notes are all due June 1, 2016.
The 2015A-1 notes have a 0.75% coupon priced at par.
The 2015A-2 notes have a 0.75% coupon priced at par.
The 2015A-3 notes have a 0.75% coupon priced at 100.401.
The 2015A-4 notes have a 0.75% coupon priced at 100.392.
The 2015A-5 notes have a 0.75% coupon priced at 100.396.
The 2015A-6 notes have a 0.75% coupon priced at par.
The 2015A-7 notes have a 1% coupon priced at par.
The 2015A-8 notes have a 0.75% coupon priced at 100.389.
Proceeds will be used to finance commuter and transit projects.
| Issuer: | Metropolitan Transportation Authority, N.Y.
|
| Issue: | Series 2015A dedicated tax fund bond anticipation notes
|
| Amount: | $500 million
|
| Type: | Competitive
|
| Pricing date: | Sept. 9
|
| Settlement date: | Sept. 17
|
|
|
| $200 million series 2015A-1 notes
|
| Maturity | Type | Coupon | Price
|
| June 1, 2016 | Term | 0.75% | 100
|
|
|
| $30 million series 2015A-2 notes
|
| Maturity | Type | Coupon | Price
|
| June 1, 2016 | Term | 0.75% | 100
|
|
|
| $10 million series 2015A-3 notes
|
| Maturity | Type | Coupon | Price
|
| June 1, 2016 | Term | 0.75% | 100.401
|
|
|
| $75 million series 2015A-4 notes
|
| Maturity | Type | Coupon | Price
|
| June 1, 2016 | Term | 0.75% | 100.392
|
|
|
| $50 million series 2015A-5 notes
|
| Maturity | Type | Coupon | Price
|
| June 1, 2016 | Term | 0.75% | 100.396
|
|
|
| $30 million series 2015A-6 notes
|
| Maturity | Type | Coupon | Price
|
| June 1, 2016 | Term | 0.75% | 100
|
|
|
| $35 million series 2015A-7 notes
|
| Maturity | Type | Coupon | Price
|
| June 1, 2016 | Term | 1% | 100
|
|
|
| $70 million series 2015A-8 notes
|
| Maturity | Type | Coupon | Price
|
| June 1, 2016 | Term | 0.75% | 100.389
|
|
|
|
|
© 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.
