New York Agency to Sell $213 Million in Debt for Water Projects

A New York state agency that finances water and sewer infrastructure is pricing $213 million of bonds for 128 projects.

New York’s Environmental Facilities Corp. will sell the AAA rated debt today, according to data compiled by Bloomberg. JPMorgan Chase & Co. (JPM) will manage the deal.

Proceeds will help finance projects for 60 counties, cities, towns, villages and public authorities, according to a news release.

Onondaga County, home to Syracuse, will receive the largest share with $134.5 million.

To contact the reporter on this story: Martin Z. Braun in New York at mbraun6@bloomberg.net

To contact the editors responsible for this story: Stephen Merelman at smerelman@bloomberg.net Mark Schoifet

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