Wyoming Community Development to sell $88.4 million of housing revenue bonds

By Sheri Kasprzak

New York, March 6 - The Wyoming Community Development Authority is slated to price $88.4 million of series 2013 housing revenue bonds, according to a preliminary official statement.

The deal includes $24,705,000 of series 2013-1 AMT bonds, $45,695,000 of series 2013-2 non-AMT bonds and $18 million of series 2013-3 non-AMT bonds.

The bonds (Aa1/AA+/) will be sold through BofA Merrill Lynch. The co-managers are Citigroup Global Markets Inc., George K. Baum & Co. and Kaiser & Co.

The 2013-1 bonds are due 2013 to 2023 and the 2013-2 bonds are due 2013 to 2024 with term bonds due in 2027 and 2033. The 2013-3 bonds are due in 2034 and 2038.

Proceeds will be used to refund the authority's series 1996, 2002 and 2003 housing revenue bonds.

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