Client | Port Authority of New York and New Jersey |
Underwriter of 150th series consolidated bonds | Lehman Brothers Holdings, Inc |
Is Current | yes |
Amount | 343,288,944 USD |
Goods | The 150th Series bonds, awarded to Lehman Brothers, Inc., at a price of $343,288,944.00, are comprised of bonds due from September 15, 2013 to March 15, 2027, at interest rates ranging from 4.125 to 6.40 percent per year. The true interest cost to the Port Authority was 5.852314 percent, the lowest of the four bids received. The bonds are subject to federal taxation. |