Dasny coordinates $80 million offering of NYU Hospitals revenue bonds

By Sheri Kasprzak

New York, Dec. 1 – The Dormitory Authority of the State of New York is set to price $80 million of series 2014 revenue bonds for the NYU Hospitals Center on Tuesday, according to a preliminary official statement.

The bonds (A3/A-/A-) will be sold on a negotiated basis with Wells Fargo Securities LLC, BofA Merrill Lynch and J.P. Morgan Securities LLC as the underwriters.

The maturities have not been set.

Proceeds will be used to advance refund the authority’s series 2007B revenue bonds issued for the center.

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