Dasny approves Rockefeller University bond sale for up to $90 million

By Sheri Kasprzak

New York, Dec. 7 - The Dormitory Authority of the State of New York OK'd the sale of up to $90 million of fixed- or variable-rate tax-exempt bonds for Rockefeller University, according to a statement from the authority Wednesday.

The bonds will be sold through senior manager J.P. Morgan Securities LLC.

The maturities of the bonds will not exceed 31 years, according to the statement.

Proceeds from the deal will be used to refund the university's series 1998 and 2002A-1 revenue bonds.

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