New York City Transitional Finance to sell $300 million bonds Jan. 13

By Sheri Kasprzak

New York, Jan. 5 - The New York City Transitional Finance Authority is gearing up to price $300 million in series 2009 building aid revenue bonds on Jan. 13, according to a calendar of offerings.

A retail order period will begin for the bonds on Friday.

The bonds will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager.

Proceeds will be used to pay a portion of certain five-year school plans throughout the city.

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