New York City Plans $800M GO Refunding

New York City intends to price $800 million of general obligation refunding bonds on May 18 through negotiation, said officials from the city's Office of Management and Budget.

A two-day retail period will precede the sale.

Bank of America Merrill Lynch is book-running senior manager. Citigroup, Goldman Sachs & Co., JPMorgan, Jefferies, Loop Capital Markets LLC, Ramirez & Co., RBC Capital Markets, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities are co-senior managers.

Officials expect a preliminary official statement to be available May 10.

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