By Sheri Kasprzak
New York, Jan. 22 – The New York State Housing Finance Agency sold $50 million of series 2015 29 Flatbush Avenue housing revenue bonds, said an official statement.
The deal included $9 million of series 2015A bonds and $41 million of series 2015B taxable bonds.
Both bonds are due Nov. 1, 2044 and bear interest at the weekly rate.
The bonds (A2/VMIG 1) were sold through Morgan Stanley & Co. LLC.
Proceeds will be used to finance the acquisition, construction and equipment of a multifamily housing unit at 29 Flatbush Avenue in Brooklyn.
| Issuer: | New York State Housing Finance Agency
|
| Issue: | Series 2015 29 Flatbush Avenue housing revenue bonds
|
| Amount: | $50 million
|
| Maturity: | Nov. 1, 2044
|
| Coupon: | Weekly
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriter: | Morgan Stanley & Co. LLC
|
| Rating: | Moody’s: A2/VMIG 1
|
| Pricing date: | Jan. 21
|
| Settlement date: | Jan. 28
|
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