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Troy Capital Resources, N.Y., plans $80 million RPI revenue bond sale
By Sheri Kasprzak
New York, Nov. 12 – The Troy Capital Resources Corp. of New York is expected to price $80 million of series 2015 revenue bonds for Rensselaer Polytechnic Institute, according to a preliminary official statement.
The bonds (A3/A-/) will be sold on a negotiated basis with KeyBanc Capital Markets Inc. as the underwriter.
The maturities have not been set.
Proceeds will be used to refund the corporation’s series 1999A-B and 2006 revenue bonds.
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