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Published on 9/4/2009 in the Prospect News Municipals Daily.

MTA Bridges and Tunnels, N.Y., to price $158 million BABs on Thursday

By Sheri Kasprzak

New York, Sept. 4 - The Triborough Bridge and Tunnel Authority in New York is set to price $158 million in series 2009B general revenue Build America Bonds for MTA Bridges and Tunnels on Thursday, according to a preliminary official statement.

The bonds will be sold competitively with Goldman, Sachs & Co. as the financial adviser.

The bonds are due 2035 to 2039.

Proceeds will be used to fund miscellaneous capital projects for MTA Bridges and Tunnels.


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