Associated tags: Insurance, Banking, Professional Services, Finance, BAM, Roosevelt & Son, DASNY, Dormitory, Policy, Sale, GO, RI, Security (finance), Fed, Series
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Series Roosevelt & Cross acted as the senior book-running manager for a $759,115,000 bond issue for the Dormitory Authoritys School Districts Revenue Bond Financing Program that priced in May 2022.
Key Points:
- Roosevelt & Cross acted as the senior book-running manager for a $759,115,000 bond issue for the Dormitory Authoritys School Districts Revenue Bond Financing Program that priced in May 2022.
- Two series of bonds were issued on behalf of 66 New York school districts to finance infrastructure improvements to facilities and equipment throughout the state.
- This years DASNY financing marks the 20th anniversary of the program, and the largest issuance since its inception.
- The bonds are special obligations of DASNY, payable from GO bond payments of the local school district obligors under the program.
Retrieved on:
Thursday, September 16, 2021
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Management Roosevelt & Cross Incorporated , a registered broker-dealer that specializes in tax-exempt and taxable municipal debt, today announced the successful completion of a $25 million City of Yonkers Industrial Development Agency School Facility Revenue Bonds issue for the New Community School Project.
Key Points:
- Roosevelt & Cross Incorporated , a registered broker-dealer that specializes in tax-exempt and taxable municipal debt, today announced the successful completion of a $25 million City of Yonkers Industrial Development Agency School Facility Revenue Bonds issue for the New Community School Project.
- As book-running Senior Manager for the issue, Roosevelt & Cross generated $50.78 million in orders, and placed the bonds with 18 institutional investors.
- The Yonkers Joint Schools Construction Board (YJSCB) was established and operates pursuant to the Yonkers City School District Joint Schools Construction and Modernization Act.
- Its mission is the creation of new school facilities and modernization of existing school facilities in Yonkers to meet the needs of the citys school children.
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Roosevelt Roosevelt & Cross Incorporated , a registered broker-dealer that specializes in tax-exempt and taxable municipal debt, commemorates its 75th anniversary.
Key Points:
- Roosevelt & Cross Incorporated , a registered broker-dealer that specializes in tax-exempt and taxable municipal debt, commemorates its 75th anniversary.
- Roosevelt & Cross was established in its present form in 1946 by Archibald Roosevelt (son of President Theodore Roosevelt) and Edwin J.
- The 75th anniversary of Roosevelt & Cross represents an important milestone for our firm, said Roosevelt & Cross Chairman and CEO Greg Finn.
- Roosevelt & Cross is committed to supporting the local municipal market, whether an issuance is large or small.
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Economy b'Roosevelt & Cross Incorporated , a registered broker-dealer that specializes in tax-exempt and taxable municipal debt, today announced the successful completion of a $54.145 million Connecticut Housing Finance Authority bond issue.
Key Points:
- b'Roosevelt & Cross Incorporated , a registered broker-dealer that specializes in tax-exempt and taxable municipal debt, today announced the successful completion of a $54.145 million Connecticut Housing Finance Authority bond issue.
- The bonds were rated Aa3/stable by Moody\xe2\x80\x99s and A/stable by S&P.\nAs Book-Running Senior Manager for the issue, Roosevelt & Cross generated orders totaling $159 million, including $82.5 million in retail orders, $29.3 million of which were from Connecticut investors.
- \xe2\x80\x9cAnd we were pleased to be able to deliver a low-interest-cost financing for the Authority.\xe2\x80\x9d\nThe Connecticut Housing Finance Authority was created in 1969 to meet the housing needs and demands of low- and moderate-income families and persons.
- The Authority\xe2\x80\x99s Special Needs Housing Mortgage Finance Program provides mortgage loans to finance affordable housing for persons with special needs, as defined by the State Legislature.