Dasny organizes $829 million sale of state university revenue bonds

By Sheri Kasprzak

New York, Feb. 10 - The Dormitory Authority of the State of New York is set to price $829 million of series 2012A state university educational facilities general resolution revenue bonds, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC as the lead managers. The co-managers are Bank of America Merrill Lynch; BB&T Capital Markets Inc.; Blaylock Robert Van LLC; Cabrera Capital Markets LLC; Duncan-Williams Inc.; Fidelity Capital Markets Inc.; Goldman, Sachs & Co.; Grigsby & Associates Inc.; Jackson Securities Inc.; Janney Montgomery Scott LLC; Jefferies & Co. Inc.; J.P. Morgan Securities LLC; KeyBanc Capital Markets LLC; Lebenthal & Co. Inc.; Loop Capital Markets LLC; M.R. Beal & Co. Inc.; Morgan Keegan & Co. Inc.; Oppenheimer & Co. Inc.; Piper Jaffray & Co.; Prager, Sealy & Co. Inc.; RBC Capital Markets LLC; Ramirez & Co. Inc.; Raymond James & Associates Inc.; Rice Financial Products Co.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; Southwest Securities Inc.; Sterne, Agee & Leach Inc.; Stifel, Nicolaus & Co. Inc.; and TD Securities (USA) Inc.

The maturity dates have not been set.

Proceeds will be used to refund the authority's series 2002B bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.