Published on 10/13/2015 in the Prospect News Municipals Daily.
New Issue: Minnesota Housing Finance prices $52.37 million of homeownership bonds
By Sheri Kasprzak
New York, Oct. 13 – The Minnesota Housing Finance Agency sold $52,365,441 of series 2015D homeownership finance bonds, according to an official statement.
The bonds (Aaa) were sold through RBC Capital Markets LLC, Piper Jaffray & Co. and Wells Fargo Securities LLC.
The bonds are due Nov. 1, 2045 and have a 2.9% coupon priced at par.
Proceeds will be used to finance mortgage loans.
| Issuer: | Minnesota Housing Finance Agency
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| Issue: | Series 2015D homeownership finance bonds
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| Amount: | $52,365,441
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| Maturity: | Nov. 1, 2045
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| Coupon: | 2.9%
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| Price: | 100
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| Type: | Negotiated
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| Underwriters: | RBC Capital Markets LLC, Piper Jaffray & Co. and Wells Fargo Securities LLC
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| Rating: | Moody’s: Aaa
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| Pricing date: | Oct. 8
|
| Settlement date: | Oct. 20
|
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