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New York State Thruway plans $223.4 million of transportation bonds
By Sheri Kasprzak
New York, June 21 - The New York State Thruway Authority plans to price $223,405,000 of series 2013A state personal income tax transportation revenue bonds, according to a preliminary official statement.
The bonds will be sold on a negotiated basis with Morgan Stanley & Co. LLC and Ramirez & Co. Inc.
The co-managers are Barclays, Raymond James/Morgan Keegan, RBC Capital Markets LLC, BMO Capital Markets LLC, CastleOak Securities LP, Janney Montgomery Scott LLC, M.R. Beal & Co., Siebert Brandford Shank & Co. LLC and Southwest Securities Inc.
The bonds are due 2014 to 2033.
Proceeds will be used to reimburse municipalities for certain highway, bridge and multimodal projects.
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