Dasny green lights up to $270 million of dormitory facilities bonds

By Sheri Kasprzak

New York, June 21 - The Dormitory Authority of the State of New York is expected to price up to $270 million of tax-exempt and/or taxable fixed-rate bonds for state university dormitory facilities, according to a statement from the authority.

The maturity date for the bonds will not exceed 30 years.

Proceeds will be used to finance capital projects at various campuses throughout the State University of New York System and to current refund existing lease revenue 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.