New York Law School plans to bid on portion of $67.5 million civic facility auction-rate revenue bonds

By Cristal Cody

Springdale, Ark., April 11 - The New York Law School plans to bid on a portion of the $67.5 million civic facility revenue bonds in an auction Wednesday, according to a notice released Friday.

The series 2006A bonds priced through the New York City Industrial Development Agency.

The school expects to bid for up to $15 million of the bonds at an annual interest rate.

The bonds had a low bid of 1.89% and a high bid of 6% in the auction held the previous Wednesday.

UBS Securities LLC is the broker dealer.

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