Dasny OKs North Shore-Long Island Jewish Health tax-exempt bond sale for up to $79 million

By Sheri Kasprzak

New York, Feb. 29 - The Dormitory Authority of the State of New York gave the green light to the proposed issuance of up to $79 million of series 2012 tax-exempt bonds to be sold on behalf of the North Shore-Long Island Jewish Health System, according to a statement from the authority.

The 13-year bonds could be sold in multiple series.

Citigroup Global Markets Inc. will be the senior manager.

Proceeds will be used to refund a portion of the health system's series 1998 bonds.

The health system is based in Great Neck, N.Y.

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