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Published on 2/12/2015 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dasny to partially redeem 2005 state personal income tax revenue bonds

By Tali Rackner

Norfolk, Va., Feb. 12 – The Dormitory Authority of the State of New York called part its series 2005A, 2005B, 2005D and 2005F state personal income tax revenue bonds (education), according to a notice.

The bonds will be redeemed at par plus accrued interest on March 15.

The following 2005A bonds will be redeemed:

• $2,315,000 of 4% bonds due March 15, 2025;

• $2.41 million of 4.125% bonds due March 15, 2026;

• $2.51 million of 4.125% bonds due March 15, 2027;

• $8,165,000 of 4.25% bonds due March 15, 2030; and

• $8.31 million of 5% bonds due March 15, 2034.

The following 2005B bonds will be redeemed:

• $890,000 of 3.5% bonds due March 15, 2016;

• $3,835,000 of 5.25% bonds due March 15, 2016;

• $160,000 of 4% bonds due March 15, 2017; and

• $15,725,000 of 5% bonds due March 15, 2017.

The following 2005D bonds will be redeemed:

• $4.39 million of 5% bonds due March 15, 2016.

The following 2005F bonds will be redeemed:

• $120,000 of 4.7% bonds due March 15, 2035; and

• $185.22 million of 5% bonds due March 15, 2035.

U.S. Bank NA is the trustee and paying agent.


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