The New York State Thruway Authority approved a personal income-tax bond deal of up to $600 million at its monthly board meeting Wednesday.

The deal includes $450 million of new money and up to $150 million of refunding bonds, depending on market conditions. The authority expects to price the bonds as soon as next month, though the date is not certain.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.