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New York Transportation Development readies $169.74 million bond sale
By Sheri Kasprzak
New York, Dec. 8 – The New York Transportation Development Corp. is set to price $169,735,000 of series 2015 special facility revenue refunding bonds for the Terminal One Group Association LP, according to a preliminary official statement.
The bonds will be offered through Citigroup Global Markets Inc. and Ramirez & Co. Inc.
The bonds are due 2017 to 2023.
Proceeds will be used to refund existing debt issued for a loan to Terminal One Group.
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