Pennsylvania Housing Finance Agency plans to sell $140 million mortgage revenue bonds Wednesday

By Sheri Kasprzak

New York, March 1 - The Pennsylvania Housing Finance Agency plans to sell $140 million in series 2010-108 single family mortgage revenue bonds on Wednesday, according to an offering calendar.

The offering includes $9.225 million in series 2010-108A bonds and $130.775 million in series 2010-108B bonds.

Bank of America Merrill Lynch is the senior manager. The co-managers are Barclays Capital Inc., Janney Montgomery Scott LLC, J.P. Morgan Securities Inc., Morgan Stanley & Co. Inc., PNC Capital Markets Inc., RBC Capital Markets Corp. and Wells Fargo Securities Inc.

The 2010-108A bonds are due 2014 to 2015, and the 2010-108B bonds are due 2010 to 2021 with term bonds due 2025 and 2028.

Proceeds will be used to fund mortgage bonds.

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