The New York City Transitional Finance Authority intends to sell $750 million of tax-exempt, fixed rate building aid revenue bonds on March 14 after a retail order period on March 10 and 11.
Book-running senior manager Ramirez & Co. will lead the negotiated transaction. Goldman, Sachs & Co. is co-senior manager.
Moody's Investors Service rates the bonds Aa2. Fitch Ratings and Standard & Poor's rate them AA.
The authority funds a portion of the city's capital program, including a portion of its five-year educational facilities capital plan.
