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Prospect News home > News index > List of issuers V > Headlines for Virginia Housing Development Authority > News item
Published on 1/20/2010 in the Prospect News Municipals Daily.

Virginia Housing Development to price $107.33 million mortgage bonds

By Sheri Kasprzak

New York, Jan. 20 - The Virginia Housing Development Authority is expected to price $107.33 million in series 2010A non-AMT mortgage bonds, according to a preliminary official statement.

The bonds (Aa1/AA+/) will be sold through senior manager Morgan Keegan & Co. Inc. The co-managers include BB&T Capital Markets Inc., Davenport & Co. LLC, Merrill Lynch & Co., Raymond James & Associates Inc. and Wells Fargo Securities Inc.

The bonds are due 2011 to 2021.

Proceeds will be used to fund mortgage loans.


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