Published on 4/10/2013 in the Prospect News Municipals Daily.
New Issue: Minnesota Housing brings $85.15 million of taxable bonds
By Sheri Kasprzak
New York, April 10 - The Minnesota Housing Finance Agency sold $85,148,519 of series 2013B taxable homeownership finance bonds, according to a pricing sheet.
The bonds were sold through RBC Capital Markets LLC, Morgan Stanley & Co. LLC and Piper Jaffray & Co.
The bonds are due 2041 and have a 2.7% coupon priced at par.
Proceeds will be used to redeem refunded bonds.
| Issuer: | Minnesota Housing Finance Agency
|
| Issue: | Series 2013B taxable homeownership finance bonds
|
| Amount: | $85,148,519
|
| Maturity: | Sept. 1, 2041
|
| Coupon: | 2.7%
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriter: | RBC Capital Markets LLC, Morgan Stanley & Co. LLC and Piper Jaffray & Co. (lead)
|
| Rating: | Moody's: Aaa
|
| Pricing date: | April 9
|
| Settlement date: | April 25
|
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