Dasny defeases some City University fifth general resolution bonds

By Tali Rackner

Norfolk, Va., April 6 – The Dormitory Authority of the State of New York defeased its City University System consolidated fifth general resolution revenue bonds, according to a notice.

The following will be redeemed at par plus accrued interest to their respective redemption dates:

• $5,085,000 of 5% 2005A bonds due July 1, 2017, to be redeemed on July 1, 2015;

• $135,000 of 5% 2006A bonds due July 1, 2020, to be redeemed on July 1, 2016;

• $3,725,000 of 4% 2008A bonds due July 1, 2018, to be redeemed on July 1, 2018;

• $3,145,000 of 5% 2008A bonds due July 1, 2019, to be redeemed on July 1, 2018;

• $5.76 million of 5.75% 2008E bonds due Jan. 1, 2024, to be redeemed on July 1, 2019; and

• $680,000 of 5% 2010A bonds due July 1, 2021, to be redeemed on July 1, 2020; and

The Bank of New York Mellon is the trustee.

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