Bloomberg News

New York City to Sell $800 Million in General-Obligation Bonds

February 17, 2012

Feb. 15 (Bloomberg) -- New York, the most populous U.S. city, will sell $800 million of general-obligation bonds as soon as next week to refinance debt, the Office of Management and Budget said in an e-mail statement.

Morgan Stanley, the underwriter, will begin taking orders from individual buyers on Feb. 21. Institutional pricing is set to begin Feb. 23.

To contact the reporter on this story: Michelle Kaske in New York at mkaske@bloomberg.net

To contact the editor responsible for this story: Mark Schoifet at mschoifet@bloomberg.net


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