Goldman Sachs is expected to price the Hudson Yards Infrastructure Corp.’s $2.2 billion of Series 2017 second indenture bonds on Tuesday, May 23, the corporation announced on Friday.
A two-day retail order period is slated to be held on Friday, May 19 and Monday, May 22, HYIC said.
Proceeds will be used to currently refund all of the outstanding Series 2007 bonds and advance refund part of the Series 2012 bonds.
JPMorgan Securities, Ramirez & Co. and Loop Capital Markets will serve as joint lead managers.
HYIC is a local development corporation created in 2005 by New York City under the not-for-profit corporation law of New York State.