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Published on 9/18/2009 in the Prospect News Municipals Daily.

New York City Housing to sell $72.39 million of bonds on Thursday

By Sheri Kasprzak

New York, Sept. 18 - The New York City Housing Development Corp. plans to sell $72.39 million of series 2009 revenue and refunding bonds on Thursday, said a sales calendar.

The bonds (Aa2/AA/) will be sold through J.P. Morgan Securities Inc.

The deal includes series F, series I taxable bonds and series J non-AMT bonds. The bonds are due 2012 to 2041.

Proceeds will be used to fund mortgage loans and refund existing debt.


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