By Sheri Kasprzak
New York, Dec. 5 – The New York State Housing Finance Agency sold $84 million of series 2014 Manhattan West residential housing revenue bonds, according to an official statement.
The deal included $50 million of series 2014A bonds and $34 million of series 2014B taxable bonds.
Both bonds are due Nov. 1, 2049 and initially bear interest at the weekly rate.
The bonds (A1/VMIG 1/A/A-1/) were sold through senior manager Loop Capital Markets LLC.
Proceeds will be used to finance a portion of the costs of constructing and equipping a multifamily rental housing development at West 31st St. between 9th and Dyer avenues in Manhattan.
| Issuer: | New York State Housing Finance Agency
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| Issue: | Series 2014 Manhattan West residential housing revenue bonds
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| Amount: | $84 million
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| Maturity: | Nov. 1, 2049
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| Coupon: | Weekly
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| Price: | 100
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| Ratings: | Moody’s: A1/VMIG 1
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| Standard & Poor’s: A/A-1
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| Pricing date: | Dec. 3
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| Settlement date: | Dec. 18
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