Buffalo schools to price $294 million school revenue bonds via Citi

By Sheri Kasprzak

New York, Nov. 2 - The Erie County Industrial Development Authority is set to sell $294 million in series 2009A school facility revenue bonds for the City School District of Buffalo, according to a preliminary official statement.

The bonds (A1/AA-/) will be sold through lead manager Citigroup Global Markets Inc. The co-managers are Loop Capital Markets LLC, Roosevelt & Cross Inc., Siebert Brandford Shank & Co. LLC and Sterne, Agee & Leach Inc.

The bonds are due 2011 to 2031.

Proceeds will be used to reconstruct existing schools and construct new school facilities in the city of Buffalo.

© 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.