Erie County IDA, N.Y., to sell $240.18 million Buffalo School bonds

By Sheri Kasprzak

New York, June 1 – The Erie County Industrial Development Authority of New York is expected to price $240,175,000 of series 2015A school facility refunding revenue bonds for the Buffalo City School District, according to a preliminary official statement.

The bonds (Aa2/AA/) will be sold through Citigroup Global Markets Inc. and Loop Capital Markets LLC with Siebert Brandford Shank & Co. LLC as the co-manager.

The bonds are due 2016 to 2029.

Proceeds will be used to refund the district’s series 2007A and 2008A revenue bonds.

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