N.Y. City TFA to Sell $750M of Building-Aid Bonds

The New York City Transitional Finance Authority intends to sell $750 million of building aid revenue bonds through negotiation on Jan. 14.

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A two-day retail order period Jan. 12-13 will precede the sale of the tax-exempt fixed-rate new money bonds, according to officials from city Comptroller Scott Stringer and the Mayor's Office of Management and Budget.

Book-running senior manager Ramirez & Co. will lead TFA's underwriting syndicate, with Goldman, Sachs & Co. the co-senior manager.


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