New Jersey Housing and Mortgage Finance prepares $104.16 million revenue bond deal

By Sheri Kasprzak

New York, Dec. 5 - The New Jersey Housing and Mortgage Finance Agency is set to price $104.155 million of series 2011 single-family housing revenue bonds during the week of Dec. 5, said a sales calendar.

The offering includes $73.09 million of series 2011B bonds, $9.015 million of series 2011C bonds and $22.05 million of series 2011D bonds.

The bonds (Aa1) will be sold on a negotiated basis with Bank of America Merrill Lynch as the senior manager.

Proceeds will be used to fund single-family housing mortgage loans, as well as to refund the agency's series 2000BB and 2000CC single-family housing mortgage revenue bonds.

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