NYU Hospitals Center organizes $250 million sale of taxable bonds

By Sheri Kasprzak

New York, July 26 - The NYU Hospitals Center plans to price $250 million of series 2012A taxable bonds, according to a preliminary official statement.

The bonds (A3/A-/A-) will be sold on a negotiated basis with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Bank of America Merrill Lynch as the senior managers. The co-manager is TD Securities (USA) LLC.

The maturity date has not been set.

Proceeds will be used to finance construction projects for the center.

© 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.