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Published on 6/21/2012 in the Prospect News Municipals Daily.

Dasny approves up to $600 million building aid revenue bond offering

By Sheri Kasprzak

New York, June 21 - The Dormitory Authority of the State of New York plans to price up to $600 million of tax-exempt refunding bonds for the Building Aid Revenue Bond Program, according to a statement from the authority.

The offering may be conducted in one or more offerings, the statement said.

The bonds will be sold through RBC Capital Markets LLC and Raymond James/Morgan Keegan.

Proceeds will be used to refund the authority's series 2002A-I school districts revenue bond financing program revenue bonds.


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