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Wisconsin Housing to price $202.82 million of homeownership bonds
By Sheri Kasprzak
New York, Sept. 1 – The Wisconsin Housing and Economic Development Authority is expected to come to market with $202,815,000 of series 2015 homeownership revenue bonds, according to a preliminary official statement.
The deal includes $137,815,000 of series 2015A AMT bonds, $20,795,000 of series 2015B non-AMT bonds and $44,205,000 of series 2015C variable-rate demand non-AMT bonds.
The 2015A bonds are due 2016 to 2024 with a term bond due in 2045. The 2015B bonds are due 2024 to 2026, and the 2015C bonds are due in 2031.
The senior managers are RBC Capital Markets LLC and BofA Merrill Lynch.
Proceeds will be used to finance mortgage loans and refund existing debt.
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