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Published on 9/16/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dasny defeases $79.03 million of series 2004 Yeshiva University bonds

By Wendy Van Sickle

Columbus, Ohio, Sept. 16 – The Dormitory Authority of the State of New York defeased and announced the upcoming redemption of $79.03 million of Yeshiva University insured revenue bonds, series 2004, according to a notice.

The following bonds will be redeemed on Oct. 15 at par plus accrued interest:

• $2.5 million of 5.25% bonds due July 1, 2016;

• $2,635,000 of 5.25% bonds due July 1, 2017;

• $2,775,000 of 5.25% bonds due July 1, 2018;

• $2,925,000 of 5.25% bonds due July 1, 2019;

• $3,085,000 of 5.25% bonds due July 1, 2020;

• $3.25 million of 5.25% bonds due July 1, 2021;

• $3,425,000 of 5.25% bonds due July 1, 2022;

• $3.61 million of 5.25% bonds due July 1, 2023;

• $3,805,000 of 5.25% bonds due July 1, 2024;

• $22.26 million of 5.125% bonds due July 1, 2029; and

• $28.76 million of 5.125% bonds due July 1, 2034.

The Bank of New York Mellon is the trustee.


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