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Published on 7/9/2012 in the Prospect News Municipals Daily.

New York State Housing to price $150 million of revenue bonds Tuesday

By Sheri Kasprzak

New York, July 9 - New York State Housing Finance Mortgage Agency is scheduled to sell $150 million of series 2012 homeowner mortgage revenue bonds on Tuesday, according to a sales calendar.

The bonds (Aa1) will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the senior manager.

The bonds are due Oct. 1, 2023.

Proceeds will be used to make mortgage loans to qualified New York State residents.


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