By Sheri Kasprzak
New York, Sept. 4 - The Delaware State Housing Authority priced $104.7 million in single-family mortgage revenue bonds Thursday, said a sellside source.
The bonds (Aa3/P-1/A/A-1/) are due in June 2009 and have a 3.1% coupon, priced at par.
Depfa First Albany was the winning bidder for the competitive sale.
Proceeds will be used for the purchase of mortgage loans.
| Issuer: | Delaware State Housing Authority
|
| Issue: | Single-family mortgage revenue bonds
|
| Amount: | $104.7 million
|
| Type: | Competitive
|
| Maturity: | June 2009
|
| Coupon: | 3.1%
|
| Price: | Par
|
| Underwriter: | Depfa First Albany
|
| Ratings: | Moody's: Aa3/P-1
|
| Standard & Poor's: A/A-1
|
| Pricing date: | Sept. 4
|
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