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Published on 3/16/2009 in the Prospect News Municipals Daily.

Dasny to bring $482.79 million in mental health bonds Wednesday

By Sheri Kasprzak

New York, March 16 - The Dormitory Authority of the State of New York plans to sell $482.79 million in series 2009 mental health services facilities improvement revenue bonds Wednesday, according to a sales calendar.

The sale includes $443.675 million in series 2009A1 bonds and $39.115 million in series 2009B1 bonds.

The bonds will be sold through lead manager Goldman, Sachs & Co.

The co-managers are J.P. Morgan Securities Inc.; Jackson Securities Inc.; RBC Capital Markets Corp.; Citigroup Global Markets Inc.; Janney Montgomery Scott LLC; Merrill Lynch & Co.; Morgan Stanley & Co. Inc.; Prager, Sealy & Co. LLC; Ramirez & Co. Inc.; Raymond James & Associates Inc.; Siebert Brandford Shank & Co. LLC; and Wachovia Bank.

Proceeds will be used to refund the authority's series 2003F2 mental health service facilities revenue bonds.


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