Dasny preps $50 million sale of Fordham University revenue bonds

By Sheri Kasprzak

New York, Sept. 10 - The Dormitory Authority of the State of New York plans to price $50 million of series 2012 revenue bonds for Fordham University, according to a preliminary official statement.

The bonds (A2/A/) will be sold on a negotiated basis with Bank of America Merrill Lynch as the senior manager.

The maturities have not been set.

Proceeds will be used to current refund the authority's series 1998 and 2002 revenue bonds issued for the university.

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