New York Environmental Facilities plans $378.38 million bond offering

By Sheri Kasprzak

New York, June 24 - The New York State Environmental Facilities Corp. plans to price $378.38 million of series 2013A state clean and drinking water funds revenue bonds, said a preliminary official statement.

The bonds will be sold on a negotiated basis with Citigroup Global Markets Inc. and M.R. Beal & Co. as the lead managers. The co-managers are BofA Merrill Lynch, Barclays, BNY Capital Markets LLC, Blaylock Robert Van LLC, CastleOak Securities LP, Estrada Hinojosa & Co. Inc., Fidelity Capital Markets LLC, George K. Baum & Co., Goldman, Sachs & Co., Guggenheim Securities LLC, Janney Montgomery Scott LLC, J.P. Morgan Securities LLC, Jefferies & Co., KeyBanc Capital Markets LLC, Lebenthal & Co. LLC, Loop Capital Markets LLC, Ramirez & Co. Inc., Mesirow Financial Inc., Morgan Stanley & Co. LLC, RBC Capital Markets LLC, Rice Financial Products Co., Rockfleet, Roosevelt & Cross Inc., Siebert Brandford Shank & Co. LLC, Stifel, Nicolaus & Co. Inc., The Williams Capital Group LP and Wells Fargo Securities LLC.

The bonds are due 2014 to 2033.

Proceeds will be used to refund existing debt issued to finance clean and drinking water projects.

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