Westchester County Local Development, N.Y., arranges $70.29 million sale of refunding bonds

By Sheri Kasprzak

New York, March 15 - The Westchester County Local Development Corp. of New York plans to sell $70.29 million of series 2013 revenue refunding bonds for the Kendal on Hudson project, according to a preliminary official statement.

The bonds (//BBB) will be sold on a negotiated basis with BB&T Capital Markets as the senior manager.

The maturities have not been set.

Proceeds will be used to refund the corporation's series 2003 and 2007 revenue bonds.

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