Erie County Fiscal Stability, N.Y., prepares $108.89 million of notes

By Sheri Kasprzak

New York, Sept. 2 – The Erie County Fiscal Stability Authority of New York is expected to price $108,895,000 of series 2014A bond anticipation notes, according to a preliminary official statement.

The notes (MIG 1//F1+) will be sold on a negotiated basis with Roosevelt & Cross Inc. and Ramirez & Co. Inc.

The notes are due July 31, 2015.

Proceeds will be used to finance cash flow needs for the county in the coming fiscal year.

© 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.