New York City to sell $82.28 million bonds for Queens stadium Wednesday

By Sheri Kasprzak

New York, Jan. 23 - The New York City Industrial Development Agency plans to price its previously announced $82.28 million in series 2009 pilot bonds for a new stadium in Queens on Wednesday, according to an offering calendar.

The bonds (Aa2/AAA/) will be sold through senior manager Citigroup Global Markets Inc.

Maturities range from 2010 to 2019 with a term bond due in 2030.

Proceeds will be used to construct Citi Field, the future home of the New York Mets.

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