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Published on 9/15/2008 in the Prospect News Municipals Daily.

Lincoln Center, N.Y., to sell $100 million revenue bonds Sept. 15 week

By Sheri Kasprzak

New York, Sept. 15 - The Lincoln Center for the Performing Arts in New York plans to price its previously announced $100 million in series 2008C revenue bonds later this week, according to a calendar of offerings.

The bonds (A2/A+/) will be sold through the Trust for Cultural Resources of the City of New York with Morgan Stanley as the lead manager.

The bonds are due 2018.

Proceeds will be used for pay and reimburse costs for construction and renovations for the West 65th Street and Lincoln Center Promenade projects, as well as to pay administrative, legal, accounting, financing and other project expenses.


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