New Issue: Dasny brings $42.49 million of downsized revenue bonds for Fordham

By Sheri Kasprzak

New York, Sept. 20 - The Dormitory Authority of the State of New York priced $42,495,000 of series 2012 revenue bonds for Fordham University, dropped from $50 million, said a pricing sheet.

The bonds (A2/A/) were sold through Bank of America Merrill Lynch.

The bonds are due 2014 to 2032 with 2% to 5% coupons.

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

Issuer:	Dormitory Authority of the State of New York/Fordham University
Issue:	Series 2012 revenue bonds
Amount:	$42,495,000
Type:	Negotiated
Underwriter:	Bank of America Merrill Lynch
Ratings:	Moody's: A2
	Standard & Poor's: A
Pricing date:	Sept. 20
Settlement date:	Oct. 25
Amount	Maturity	Type	Coupon	Price
$3,165,000	2014	Serial	2%	102.664
$5.4 million	2015	Serial	4%	109.148
$3.18 million	2016	Serial	5%	115.489
$3,325,000	2017	Serial	5%	118.154
$1,725,000	2018	Serial	3%	108.71
$1.78 million	2019	Serial	4%	114.198
$1,845,000	2020	Serial	5%	120.475
$1.94 million	2021	Serial	4%	113.141
$2.04 million	2022	Serial	5%	121.763
$2,145,000	2023	Serial	4%	NRO
$1,895,000	2024	Serial	4%	NRO
$1.98 million	2025	Serial	3%	99.37
$2.04 million	2026	Serial	4%	NRO
$2.12 million	2027	Serial	3.125%	99.008
$2.19 million	2028	Serial	4%	NRO
$1.35 million	2029	Serial	4%	NRO
$1.4 million	2030	Serial	4%	NRO
$1.46 million	2031	Serial	3.375%	98.97
$1,515,000	2032	Serial	3.375%	98.089

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