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Published on 6/9/2014 in the Prospect News Municipals Daily.

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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