Nebraska Investment Finance arranges $100 million sale of housing debt

By Sheri Kasprzak

New York, April 9 – The Nebraska Investment Finance Authority is set to price $100 million of series 2015 single family housing revenue bonds, according to a preliminary official statement.

The bonds will be sold through J.P. Morgan Securities LLC. The co-managers are Ameritas Investment Corp., D.A. Davidson & Co., First National Capital Markets Inc. and George K. Baum & Co.

The deal includes $65 million of series 2015A non-AMT bonds and $35 million of series 2015B variable-rate bonds.

The 2015A bonds are due 2016 to 2025 with term bonds due in 2030, 2035, 2038 and 2045. The 2015B bonds are due in 2038.

Proceeds will be used to finance single-family mortgage loans.

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