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Published on 7/30/2014 in the Prospect News Municipals Daily.

New Issue: New York State Housing prices $68.56 million of housing revenue bonds

By Sheri Kasprzak

New York, July 30 – The New York State Housing Finance Agency sold $68,555,000 of series 2014A 160 Madison Avenue housing revenue bonds, according to an official statement.

The bonds (A2/VMIG 1) were sold through senior manager Goldman, Sachs & Co.

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

Proceeds will be used to finance remaining mortgage loans to construct, equip and furnish a multifamily rental housing unit at 160 Madison Avenue in Manhattan.

Issuer:New York State Housing Finance Agency
Issue:Series 2014A 160 Madison Avenue housing revenue bonds
Amount:$68,555,000
Maturity:Nov. 1, 2046
Coupon:Daily
Price:100
Type:Negotiated
Underwriter:Goldman, Sachs & Co.
Rating:Moody’s: A2/VMIG 1
Pricing date:July 29
Settlement date:Aug. 5

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