New York Dormitory to sell $80.27 million Rockefeller University bonds

By Cristal Cody

Prospect News, Feb. 3 - The Dormitory Authority of the State of New York expects to offer $80,265,000 of revenue bonds (Aa1/AA+/) for Rockefeller University, according to a preliminary official statement on Friday.

The deal includes $27,145,000 of series 2012A bonds and $53,120,000 of series 2012B bonds.

J.P. Morgan Securities Inc. is the lead manager. Co-managers are Goldman, Sachs & Co. and US Bancorp Investments, Inc.

Proceeds will be used to refund all or a portion of the outstanding series 1998 Rockefeller University revenue bonds.

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