N.Y. State Thruway to sell $350 million transportation bonds Wednesday

By Sheri Kasprzak

New York, Aug. 15 - The New York State Thruway Authority plans to price its previously announced $350 million in fixed-rate transportation bonds on Wednesday, according to a calendar of sales.

The bonds (/AA/AA-) will be sold on a negotiated basis with Citigroup Global Markets as the senior manager.

The bonds are due 2009 to 2028.

The proceeds will be used for highway and bridge capital improvements.

© 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.