New Issue: Dasny brings $126.745 million of State University Dormitory Facilities revenue bonds

By Sheri Kasprzak

New York, Sept. 22 - The Dormitory Authority of the State of New York priced $126.745 million of series 2010A State University Dormitory Facilities Issue lease revenue bonds, said a pricing sheet.

The bonds were sold through Loop Capital Markets LLC, with Janney Montgomery Scott LLC and Southwest Securities Inc. as the co-managers.

The bonds are due 2011 to 2032, with term bonds due 2035, 2036 and 2040. Coupons range from 3% to 5%, but the full pricing details were not immediately available.

Proceeds will be used finance capital improvements to a variety of facilities within the state's university system.

Albany-based Dasny provides financing for educational, health care, corporate and nonprofit projects.

Issuer:	Dormitory Authority of the State of New York
Issue:	Series 2010A State University Dormitory Facilities Issue lease revenue bonds
Amount:	$126.745 million
Type:	Negotiated
Underwriters:	Loop Capital Markets LLC (lead), Janney Montgomery Scott LLC and Southwest Securities Inc. (co-managers)
Pricing date:	Sept. 22
Settlement date:	Sept. 29
Maturity	Type	Coupon
2011	Serial	3%
2012	Serial	3%
2013	Serial	3%
2014	Serial	4%
2015	Serial	4%
2016	Serial	4%
2017	Serial	5%
2018	Serial	4%
2019	Serial	4%
2020	Serial	4.125%
2021	Serial	5%
2022	Serial	5%
2023	Serial	5%
2024	Serial	5%
2025	Serial	3.375%
2026	Serial	5%
2027	Serial	5%
2028	Serial	5%
2029	Serial	5%
2030	Serial	5%
2031	Serial	5%
2032	Serial	5%
2035	Term	5%
2036	Term	4.125%
2040	Term	5%

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