Minnesota Housing Finance plans $175.7 million housing finance bonds

By Sheri Kasprzak

New York, Oct. 26 - The Minnesota Housing Finance Agency is set to price $175.695 million in series 2009 residential housing finance bonds, according to a preliminary official statement.

The offering includes $25.58 million in series 2009D non-AMT bonds, $103.96 million in series 2009E non-AMT bonds and $46.155 million in series 2009F AMT variable-rate demand term bonds.

The bonds will be sold through senior managers RBC Capital Markets Inc. and Piper Jaffray & Co.

The series 2009D bonds are due 2011 to 2020 with a term bond. The 2009E bonds are due Jan. 1, 2013 and July 1, 2013 with term bonds due 2024, 2029, 2034 and 2040. The 2009F bonds are due 2031.

Proceeds will be used to fund residential mortgage loans.

The agency is based in St. Paul.

© 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.