Nassau County Local Economic Assistance, N.Y., preps $132 million sale of bonds for Winthrop

By Sheri Kasprzak

New York, Sept. 24 - The Nassau County Local Economic Assistance Corp. of New York plans to price $132 million of series 2012 revenue bonds for the Winthrop-University Hospital Association project, according to a preliminary official statement.

The bonds (Baa1//BBB+) will be sold on a negotiated basis with Goldman, Sachs & Co. as the senior manager.

The maturities have not been set.

Proceeds will be used to refund the corporation's series 2001A-B and 2003A-B revenue bonds.

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