Dasny to sell $355.52 million in school revenue bonds week of June 1

By Sheri Kasprzak

New York, May 21 - The Dormitory Authority of the State of New York plans to sell $355.52 million in series 2009 school district revenue bond financing revenue bonds during the week of June 1, according to a preliminary official statement.

The sale includes $180.655 million in series 2009B, $157.11 million in series 2009C, $15.41 million in series 2009D and $2.345 million in series 2009E bonds.

RBC Capital Markets Corp. and Roosevelt & Cross Inc. are the lead managers. The co-managers are Jefferies & Co., Cabrera Capital Markets LLC, M.R. Beal & Co. Inc., J.P. Morgan Securities Inc., Loop Capital Markets LLC, Wachovia Bank and Merrill Lynch & Co. Inc.

Proceeds will be used to fund school district capital expenses and capital improvements.

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