New York State Housing Agency to price $150 million revenue bonds Thursday

By Cristal Cody

Springdale, Ark., June 4 - The New York State Housing Agency expects to price the previously announced $150 million state personal income tax revenue bonds on Thursday, the issuer told Prospect News.

The sale of the series 2008 bonds (Aaa/AA-/) will be made official on Friday, said Philip Lentz, spokesman for the agency.

The bonds have serial maturities from 2018 through 2038.

Citigroup Global Markets is the senior manager of the negotiated sale.

Proceeds will be used to repay the state for amounts that were advanced to finance housing assistance programs administered by public benefit corporations.

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