| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers N > Headlines for New York State Thruway Authority > News item |
New York State Thruway to price $1.1 billion of general revenue bonds
By Sheri Kasprzak
New York, June 20 - The New York State Thruway Authority is expected to sell $1,101,345,000 of series I general revenue bonds, according to a preliminary official statement.
The bonds (A1/A/) will be sold on a negotiated basis with Citigroup Global Markets Inc. and Siebert Brandford Shank & Co. LLC as the senior managers. The co-managers are Bank of America Merrill Lynch, Goldman, Sachs & Co., RBC Capital Markets LLC, Jefferies & Co., KeyBanc Capital Markets LLC, Raymond James/Morgan Keegan, Ramirez & Co., Roosevelt & Cross Inc. and Wells Fargo Securities LLC.
The bonds are due 2013 to 2032 with term bonds due in 2037 and 2042.
Proceeds will be used to provide funding for the authority's 2012-2015 Multi-Year Capital Program and to pay principal and interest on the authority's series 2011A general revenue bond anticipation notes.
© 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.