New York City intends to sell $800 million of G.O. bonds

By Sheri Kasprzak

New York, Feb. 17 - The City of New York is expected to price $800 million of series 2012E-F general obligation bonds, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the senior manager.

The co-managers are Bank of America Merrill Lynch; Citigroup Global Markets Inc.; Siebert Brandford Shank & Co. LLC; Barclays Capital Inc.; M.R. Beal & Co. Inc.; Fidelity Capital Markets LLC; Goldman Sachs & Co.; Jefferies & Co.; Loop Capital Markets LLC; Ramirez & Co. Inc.; Rice Financial Products Co.; Roosevelt & Cross Inc.; Southwest Securities Inc.; Wells Fargo Bank, NA; Cabrera Capital Markets LLC; Lebenthal & Co. LLC; Raymond James & Associates Inc.; Jackson Securities Inc.; MFR Securities Inc.; RBC Capital Markets LLC; Janney Montgomery Scott LLC; Morgan Keegan & Co. Inc.; and TD Securities (USA) Inc.

The bonds are due 2012 to 2034.

Proceeds will be used to finance the city's capital plan.

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