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Published on 7/1/2009 in the Prospect News Municipals Daily.

Dasny to price $136.78 million in bonds for University of Rochester

By Sheri Kasprzak

New York, July 1 - The Dormitory Authority of the State of New York plans to sell its previously announced $136.776 million in series 2009 revenue bonds for the University of Rochester on Wednesday, according to a calendar of upcoming sales.

The sale includes $72.691 million in series 2009A bonds, $35.28 million in series 2009B bonds, $10.685 million in series 2009C bonds, $3.61 million in series 2009D bonds and $14.51 million in series 2009E bonds.

The bonds (Aa3/A+/) will be sold through lead manager Barclays Capital Inc. with Citigroup Global Markets Inc., Jackson Securities Inc. and RBC Capital Markets Corp. as the co-managers.

Proceeds will be used to construct improvements to the university and to refund the university's series 1997A, 1998A and 2000A bonds.


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