Dasny approves St. John's University bond deal for up to $112 million

By Sheri Kasprzak

New York, June 21 - The Dormitory Authority of the State of New York approved the sale of up to $112 million of fixed-rate tax-exempt bonds for St. John's University of Queens, N.Y., according to a statement from the authority.

The bonds may be sold in one or more series of 18-year bonds.

The bonds will be sold through Morgan Stanley & Co. LLC.

Proceeds will be used to refund certain maturities of the university's series 1998, 2001A and 2005A bonds and all of the university's series 2008A variable-rate bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.