By Sheri Kasprzak
New York, Sept. 10 - The Triborough Bridge and Tunnel Authority of New York priced $158 million in series 2009B general revenue Build America Bonds for MTA Bridges and Tunnels, according to a pricing sheet.
The bonds were sold through lead manager Goldman, Sachs & Co.
The bonds are due 2036 and 2039. The 2036 bonds have a 5.42% coupon, priced at par, and the 2039 bonds have a 5.5% coupon, also priced at par.
Proceeds will be used to fund miscellaneous capital projects for MTA Bridges and Tunnels.
| Issuer: | Triborough Bridge and Tunnel Authority/MTA Bridges and Tunnels
|
| Issue: | Series 2009B general revenue Build America Bonds
|
| Amount: | $158 million
|
| Type: | Negotiated
|
| Underwriter: | Goldman, Sachs & Co.
|
| Pricing date: | Sept. 10
|
| Settlement date: | Sept. 17
|
|
|
| Maturity | Type | Coupon | Price
|
| 2036 | Term | 5.42% | Par
|
| 2039 | Term | 5.5% | Par
|
© 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.
