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Published on 2/17/2010 in the Prospect News Municipals Daily.

Dasny to price $222.74 million mental health services revenue bonds

By Sheri Kasprzak

New York, Feb. 17 - The Dormitory Authority of the State of New York is expected to bring to market $222.74 million in series 2010A mental health services revenue bonds, according to a preliminary official statement.

The bonds (/AA-/A+) will be sold on a negotiated basis with Ramirez & Co. Inc. and J.P. Morgan Securities Inc. as the senior managers.

The co-managers are BB&T Capital Markets, Citigroup Global Markets Inc., Duncan-Williams Inc., Fidelity Capital Markets Inc., Grigsby & Associates Inc., Janney Montgomery Scott LLC, Jefferies & Co., Bank of America Merrill Lynch, Morgan Stanley & Co., Siebert Branford Shank & Co. LLC and Southwest Securities Inc.

The maturities have not been set.

Proceeds will be used to refund existing debt.


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