By Sheri Kasprzak
New York, May 25 – The New York State Housing Finance Agency sold $107 million of series 2016A taxable 625 West 57th Street housing revenue bonds, said an official statement.
The bonds (Aa1/VMIG 1) were sold through senior manager BNY Mellon Capital Markets LLC.
The bonds are due May 1, 2049 and bear interest at the weekly rate.
Proceeds will be used to finance the remaining portion of a mortgage on a housing facility at 625 West 57th Street in Manhattan.
Issuer: | New York State Housing Finance Agency
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Issue: | Series 2016A taxable 625 West 57th Street housing revenue bonds
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Amount: | $107 million
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Maturity: | May 1, 2049
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Coupon: | Weekly
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Price: | 100
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Type: | Negotiated
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Underwriter: | BNY Mellon Capital Markets LLC
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Rating: | Moody’s: Aa1/VMIG 1
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Pricing date: | May 18
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Settlement date: | May 26
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