New York State Housing Finance to sell $200 million in bonds Tuesday

By Aaron Hochman-Zimmerman

New York, Aug. 7 - The New York State Housing Finance Agency plans to sell $200 million in series 2009A-B personal income tax revenue bonds (/AAA/AA-) on Tuesday, according to a calendar of upcoming sales.

The agency will price $96.46 million as series A bonds and $103.54 million as taxable series B bonds.

Ramirez & Co. Inc. will act as lead underwriter for the negotiated deal.

Citigroup Global Markets Inc., Jefferies & Co., J.P. Morgan Securities Inc., Merrill Lynch & Co., Roosevelt & Cross Inc. and Siebert Brandford Shank & Co. LLC will act as co-managers.

Proceeds will be used to provide low interest loans.

The New York State Housing Finance Agency is located in New York.

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