New York City plans to begin selling $800 million of new-money tax-exempt general obligation bonds next week, the city announced on Friday. It also plans to competitively sell $165 million of taxable GO bonds on Aug. 6. A three-day retail order period for the tax-exempt piece will begin on Aug. 1 with institutional pricing beginning on Aug. 6.

JPMorgan will serve as book-running senior manager on the deal and Citi, Merrill Lynch & Co., and Morgan Stanley will serve as co-senior managers.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.