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New York Thruway plans $233.19 million sale of service contract bonds
By Sheri Kasprzak
New York, March 5 - The New York State Thruway Authority is set to price $233,185,000 of series 2012A local and state highway service contract bonds, according to a preliminary official statement.
The bonds will be sold on a negotiated basis with Wells Fargo Securities LLC and Jackson Securities Inc. as the senior managers. The co-managers are Barclays Capital Inc., Jefferies & Co. and RBC Capital Markets LLC.
The bonds are due 2013 to 2016.
Proceeds will be used to refund the authority's outstanding series 2002 service contract bonds.
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