| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers V > Headlines for Virginia Housing Development Authority > News item |
Virginia Housing preps $560 million sale of mortgage bonds for Dec. 11
By Sheri Kasprzak
New York, Dec. 3 - The Virginia Housing Development Authority is scheduled to price $560 million of series 2012C commonwealth mortgage bonds on Dec. 11, according to a preliminary official statement.
The offering includes $90 million of C-STEM I bonds, $80 million of C-STEM II bonds, $80 million of C-STEM III bonds and $310 million of C-STEM IV bonds.
The C-STEM I bonds are due Jan. 24, 2013, and the C-STEM II bonds are due Feb. 28, 2013. The C-STEM III bonds are due April 1, 2013, and the C-STEM IV bonds are due May 23, 2013.
The bonds (Aaa/VMIG 1/AAA/A-1+/) will be sold competitively.
Proceeds will be used to finance mortgage loans and refund previously issued debt.
© 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.