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New York City expected to price $850 million G.O. bonds on Wednesday
By Sheri Kasprzak
New York, June 9 – The City of New York is scheduled to price $850 million of series 2014J-K general obligation bonds on Wednesday, according to a sales calendar.
The bonds (Aa2/AA/AA) will be sold through senior manager Morgan Stanley & Co. LLC.
The deal includes $765 million of series 2014J bonds and $85 million of series 2014K bonds.
Proceeds will be used to refund outstanding G.O. debt.
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