Port Authority of New York and New Jersey to sell $400 million of bonds Wednesday

By Sheri Kasprzak

New York, Oct. 25 - The Port Authority of New York and New Jersey plans to sell $400 million of 169th series consolidated bonds on Wednesday, said a preliminary official statement.

The bonds, which will be sold competitively, are due 2012 to 2041.

Proceeds will be used to fund capital projects and to refund existing debt.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.