Minnesota Housing Finance preps $135.62 million sale of housing bonds

By Sheri Kasprzak

New York, Nov. 23 – The Minnesota Housing Finance Agency is set to price $135.62 million of series 2015 residential housing finance bonds on Tuesday, according to a sales calendar.

The bonds (Aa1/AA+/) will be sold through senior manager RBC Capital Markets LLC.

The offering includes $95,995,000 of series 2015E AMT bonds and $39,625,000 of series 2015F bonds.

Proceeds will be used to refund outstanding bonds in the Residential Housing Finance Bonds Resolution and purchase securities backed by mortgage loans for low and moderate income residents of Minnesota.

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