Dormitory Authority of N.Y. to sell $55.4 million in debt this week

By Sheri Kasprzak

New York, May 27 - The Dormitory Authority of the State of New York plans to price $55.4 million in series 2008 debt securities, according to a calendar of offerings.

The bonds will be sold through senior manager Depfa First Albany Securities.

Proceeds from the sale will be used for residential institutions for children.

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