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New York State Thruway offers $880.61 million of BANs
By Sheri Kasprzak
New York, June 16 - The New York State Thruway Authority plans to price $880.61 million of series 2011A general revenue bond anticipation notes, said a preliminary official statement.
The BANs will be sold on a negotiated basis with RBC Capital Markets LLC and Loop Capital Markets LLC as the lead managers.
The notes are due July 12, 2012.
Proceeds will be used to fund a portion of the authority's multi-year capital plan, as well as refund the authority's series 2009A general fund bond anticipation notes.
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