New York City plans to sell $300 million of fixed-rate general obligation bonds next week with a two-day retail order period beginning on Tuesday. Institutional pricing will begin on Thursday, Oct. 16.
Morgan Stanley will serve as book running senior manager, and Citi, JPMorgan and Merrill Lynch & Co. will serve as co-senior managers. Sidley Austin LLP is bond counsel. Public Resources Advisory Group and A.C. Advisory Inc. are financial advisers. The bonds' structure has yet to be determined.