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Published on 7/9/2009 in the Prospect News Municipals Daily.

Dasny to sell $145 million bonds for Yeshiva University on Thursday

By Sheri Kasprzak

New York, July 9 - The Dormitory Authority of the State of New York plans to sell $145 million in series 2009 revenue bonds for Yeshiva University, said a preliminary official statement. Pricing is scheduled for Thursday.

The bonds (Aa3/AA/) will be sold through lead managers J.P. Morgan Securities Inc. and Morgan Stanley & Co. Inc. The co-managers are Citigroup Global Markets Inc., Lebenthal & Co. LLC and Merrill Lynch & Co. Inc.

The maturities have not been set.

Proceeds will be used to refund the university's series 1998 bonds.

The university is based in New York City.


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