(Bloomberg) -- The Triborough Bridge and Tunnel
Authority, operator of seven bridges and two tunnels in New York
City, plans to borrow $225 million in today's largest sale of
U.S. municipal bonds for funding new capital projects.
The authority, an affiliate of the state Metropolitan
Transportation Authority and also known as MTA Bridges and
Tunnels, will offer securities due from next year through 2037
in a deal managed by Lehman Brothers Holdings Inc. The state of
Illinois might also sell $280 million of bonds to refinance debt
and trim its interest costs.
Read more at Bloomberg Bonds News
Authority, operator of seven bridges and two tunnels in New York
City, plans to borrow $225 million in today's largest sale of
U.S. municipal bonds for funding new capital projects.
The authority, an affiliate of the state Metropolitan
Transportation Authority and also known as MTA Bridges and
Tunnels, will offer securities due from next year through 2037
in a deal managed by Lehman Brothers Holdings Inc. The state of
Illinois might also sell $280 million of bonds to refinance debt
and trim its interest costs.
Read more at Bloomberg Bonds News
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