New York City plans to price $750 million of general obligation refunding bonds on July 30 through negotiation, after a two-day retail period.
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Book-running senior manager Siebert Brandford Shank & Co. LLC will lead the sale, with Bank of America Merrill Lynch, Citigroup, Jefferies, JPMorgan and Morgan Stanley the co-senior managers.
A preliminary official statement is expected to be available on July 22, according to representatives of the Mayor's Office of Management and Budget and city Comptroller Scott Stringer.
Moody's Investors Service rates the city's GOs Aa2. Fitch Ratings and Standard & Poor's rate them AA.
