The New York City Transitional Finance Authority intends to sell $650 million of tax-exempt fixed-rate new money bonds on April 8.
A two-day retail order period will begin April 4.
The TFA plans a negotiated sale through its underwriting syndicate led by book-running senior manager Bank of America Merrill Lynch, with Barclays, Goldman, Sachs & Co., JPMorgan, Loop Capital Markets LLC, Morgan Stanley and Wells Fargo serving as co-senior managers.
Also on April 8, the TFA will sell $110 million of taxable fixed-rate new money bonds by competitive bid.
Additionally, the TFA intends to price $200 million of tax-exempt new money variable-rate demand bonds on April 28.
The state legislature created the TFA in 1997 to enable the city to get around GO debt limits.
