November 29, 2018 – “Westchester County did better than expected in all of the Bond Series sold, which will result in lower principal and interest payments in 2019 and the years to come.
"Series A tax exempt for $183,565,000 was sold to Mesirow Financial, Inc. for operating capital borrowing. The true interest costs (TIC) of the winning bid for Series A is 2.502315%. Series B federally taxable for $8,735,000 was purchased by SunTrust Robinson Humphrey (TIC 3.650436%), and Series C which is also tax-exempt for districts capital borrowing in the amount of $10,255,000 Raymond James & Associates, Inc. (TIC 3.109830%).”