Virginia Housing Development plans $100.67 million mortgage bond sale

By Sheri Kasprzak

New York, Oct. 23 – The Virginia Housing Development Authority is set to price $100,669,099 of series 2015A taxable commonwealth mortgage bonds during the week of Oct. 26, according to a preliminary official statement.

The bonds (Aaa/AAA/) will be sold through Wells Fargo Securities LLC with BofA Merrill Lynch and Raymond James/Morgan Keegan as the co-managers.

The bonds are due June 25, 2042.

Proceeds will be used to redeem outstanding bonds.

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