Issuer |
New York State Thruway Authority |
Amount1 |
$1,600,000,000 |
Type
Issue/Series |
General Revenue Junior Indebtedness Obligation Anticipation Notes Series 2019A Per the NOS, the coupon rate has been set at 4.00% |
Rating |
S&P: SP-1Moody's: MIG 1 |
Good Faith |
None Required |
|
Sale Date |
4/23/19 |
Dated Date |
4/30/19 |
Settlement
Date2 |
4/30/19
|
Sale Time |
10:00 AM - 10:21 AM Eastern Time |
|
Interest Due |
2/01/20 |
Maturity Date |
2/01/20 |
Days to Maturity |
271 |
Day Basis |
30/360 |
Call Dates |
Callable 9/15/2019 @ Par |
Min. Bid Price
|
$50,000,000 |
Min. Bid Increment
|
$25,000,000 |
Premium Bids
|
Allowed |
Discount Bids
|
Allowed |
Other Details |
Interest rate = 4.0% TIC calculated to Maturity Date. Callable as a whole or in part on any date on or after 9/15/19 at a redemption price of par, plus accrued interest to the date of redemption |
|
Bid Format |
Partial |
Auction Format |
Open |
Award Basis
|
TIC Semi-Annual Compounding |
Two-Minute Rule
|
Yes |
Bond Counsel |
Harris Beach PLLC New York, NY |
Web
Site |
www.MuniAuction.com |
Contact |
PRAG New York, NY Attn: Monika Conley Phone: 212-566-7800 mconley@pragadvisors.com |
Issuer |
New York State Thruway Authority Matthew A. Howard Chief Financial Officer and Treasurer (518) 436-2820 matt.howard@thruway.ny.gov |
|
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