Dasny to price $115 million Fordham University revenue bonds

By Cristal Cody

Springdale, Ark., July 2 - The Dormitory Authority of the State of New York plans to price its previously announced $115 million revenue bonds for Fordham University, according to a preliminary official statement.

The series 2008B bonds (Aaa) are insured by Assured Guaranty Corp.

The bonds have serial maturities from 2009 through 2028 and term maturities in 2033 and 2038.

Citigroup Global Markets is the senior manager of the negotiated sale. Co-managers are Banc of America Securities LLC; Goldman, Sachs & Co.; Loop Capital Markets LLC; Merrill Lynch & Co.; RBC Capital Markets and Sterne, Agee & Leach Inc.

Proceeds will be used for construction and renovation projects.

Additional information was not available.

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