By Sheri Kasprzak
New York, Dec. 1 – The New York State Housing Finance Agency sold $80 million of series 2015A 605 West 42nd Street housing revenue bonds, according to an official statement.
The bonds (A1/VMIG1/A/A-1/) were offered through J.P. Morgan Securities LLC.
The bonds are due May 1, 2048 and bear interest at the daily rate.
Proceeds will be used to finance the remaining mortgage loan to construct and equip a multifamily dwelling at 605 West 42nd Street on 11th Avenue between 42nd and 43rd streets.
| Issuer: | New York State Housing Finance Agency
|
| Issue: | Series 2015A 605 West 42nd Street housing revenue bonds
|
| Amount: | $80 million
|
| Maturity: | May 1, 2048
|
| Coupon: | Daily
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriter: | J.P. Morgan Securities LLC
|
| Ratings: | Moody’s: A1/VMIG1
|
| Standard & Poor’s: A/A-1
|
| Pricing date: | Nov. 30
|
| Settlement date: | Dec. 8
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
