By Aaron Hochman-Zimmerman
New York, March 6 - The State of New York priced $454.735 million in G.O. bonds, according to Jennifer Freeman, spokeswoman for the state comptroller's office.
The issue was split into two tranches.
The $415.970 million series 2009A tax-exempt bonds carry maturities from 2010 to 2039.
The $38.765 million series 2009B taxable bonds carry maturities from 2010 to 2019.
J.P. Morgan Securities Inc. was the lead underwriter for the negotiated bonds.
Proceeds will be used for water, environmental quality and transit projects.
Issuer: State of New York
Issue: General obligation bonds
| Amount: | $454.735 million
|
| Type: | Negotiated
|
| Underwriter: | J.P. Morgan Securities Inc.
|
| Pricing date: | March 6
|
| Ratings: | Moody's: Aa2
|
| Fitch: AA+
|
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