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Published on 9/27/2013 in the Prospect News Municipals Daily.

New Issue: New York State Housing offers up $65.8 million of housing revenue bonds

By Sheri Kasprzak

New York, Sept. 27 - The New York State Housing Finance Agency sold $65.8 million of series 2013A Dock Street housing revenue bonds, according to an official statement.

The bonds (Aa3/VMIG 1) were sold through Barclays.

The bonds are due Nov. 1, 2046 and initially bear interest at the weekly rate.

Proceeds will be used to finance the remainder of a mortgage loan for the construction of a multifamily housing unit at 60 Water Street in Brooklyn.

Issuer:New York State Housing Finance Agency
Issue:Series 2013A Dock Street housing revenue bonds
Amount:$65.8 million
Maturity:Nov. 1, 2046
Coupon:Weekly
Price:100
Type:Negotiated
Underwriter:Barclays (lead)
Rating:Moody's: Aa3/VMIG 1
Pricing date:Sept. 26
Settlement date:Oct. 3

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