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New York State Thruway offers $750 million revenue refunding bonds
By Sheri Kasprzak
New York, Dec. 1 – The New York State Thruway Authority is set to sell $750 million of series K general revenue refunding bonds on Wednesday, according to a preliminary official statement.
The bonds (A2/A/) will be sold on a negotiated basis with Goldman Sachs & Co. and Ramirez & Co. Inc. as the lead managers. The co-managers are Citigroup Global Markets Inc., Wells Fargo Securities LLC, CastleOak Securities LP, Janney Montgomery Scott LLC, Loop Capital Markets LLC and TD Securities (USA) Inc.
The maturities have not been set.
Proceeds will be used to refund existing debt.
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