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Published on 6/14/2013 in the Prospect News Municipals Daily.

New York State Housing preps $61.6 million offering of revenue bonds

By Sheri Kasprzak

New York, June 14 - The New York State Housing Finance Agency plans to price $61.6 million of series 2013A affordable housing revenue bonds, according to a preliminary official statement.

The bonds will be sold through Wells Fargo Securities LLC and J.P. Morgan Securities LLC. The co-managers are Citigroup Global Markets Inc., Ramirez & Co. Inc. and Siebert Brandford Shank & Co. LLC.

The bonds are due 2013 to 2023 with term bonds due in 2015, 2016, 2017, 2028, 2033, 2038 and 2046.

Proceeds will be used to finance loans for the construction, acquisition and rehabilitation of three affordable housing projects within the state.


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