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Published on 10/6/2015 in the Prospect News Municipals Daily.

Dasny organizes $951.2 million state sales tax revenue bond offering

By Cristal Cody

Tupelo, Miss., Oct. 6 – The Dormitory Authority of the State of New York is marketing $951,245,000 of state sales tax revenue bonds, according to a preliminary official statement on Tuesday.

The series 2015B bonds (/AAA/AA+) will price competitively on Oct. 13.

Public Resources Advisory Group, Inc. is the financial adviser on the sale.

Proceeds from the offering will be used to finance or reimburse a portion of the costs of state programs and projects.


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