X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-The Chicago Housing Authority has selected Wall Street investment firm Lehman Brothers to lead manage its upcoming bond issue, according to Pat Verduzco, the CHA’s acting CFO.

Ms. Verduzco said that Salomon Smith Barney will be acting as co-senior manager of its first ever issue, which is expected to be a 10-year maturity and range from $600 million to $750 million in size.

The two Wall Street firms will be working with the CHA to determine the rest of the underwriting group, which will be selected from among 27 other firms. The issue is expected to hit the market sometime in the first quarter.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. Apartments 2020Event

Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.