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