New York State Urban Development plans to sell $470.74 million revenue refunding bonds Sept. 28

By Sheri Kasprzak

New York, Sept. 17 - The New York State Urban Development Corp. is set to sell $470.74 million in series 2010B service contract revenue refunding bonds on Sept. 28, according to a preliminary official statement.

The bonds will be sold competitively with Public Resources Advisory Group as the financial adviser.

The bonds are due 2012 to 2017.

Proceeds will be used to refund existing debt.

The New York City-based corporation develops affordable housing for low-, moderate- and middle-income New Yorkers.

© 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.