New York City reoffers $250.25 million general obligation bond deal

By Sheri Kasprzak

New York, Feb. 26 - The City of New York intends to reoffer $250.25 million of general obligation bonds, according to a reoffering circular.

The city will reoffer $50.25 million of fiscal 2004A-6 bonds, $100 million of fiscal 2008J-9 bonds and $100 million of fiscal 2008J-11 bonds.

The 2004A-6 bonds will be reoffered through Loop Capital Markets LLC, the 2008J-9 bonds will be reoffered through Siebert Brandford Shank & Co. LLC and the 2008J-11 bonds will be reoffered through Morgan Stanley & Co. LLC with BofA Merrill Lynch, Citigroup Global Markets LLC, Jefferies & Co. and J.P. Morgan Securities LLC as the co-managers.

The 2004A-6 bonds are due Aug. 1, 2031. The 2008J-9 bonds are due Aug. 1, 2027 and the 2008J-11 bonds are due Aug. 1, 2027.

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