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Published on 12/15/2009 in the Prospect News Municipals Daily.

New York Liberty Development to bring $2.59 billion World Trade Center project revenue bonds

By Sheri Kasprzak

New York, Dec. 15 - The New York Liberty Development Corp. plans to bring $2.594 billion in series 2009 multi-modal liberty revenue bonds, according to a preliminary official statement.

The sale includes $2.581 billion in series 2009A bonds and $12.5 million in series 2009B bonds.

Goldman, Sachs & Co. is the senior manager for the bonds.

The bonds are due 2049.

Proceeds will be used to construct three office buildings at the World Trade Center site in downtown Manhattan.


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