Dasny to price $150 million Fordham University revenue bonds

By Sheri Kasprzak

New York, April 4 – The Dormitory Authority of the State of New York is expected to price $150 million of series 2016A revenue bonds for Fordham University on Thursday, according to a preliminary official statement.

The bonds (A2/A) will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the senior manager and J.P. Morgan Securities LLC and Ramirez & Co. Inc. as the co-managers.

The maturities have not been set.

Proceeds will be used to reconstruct and renovate a four-story facility at the Lincoln Center campus at 62nd Street in New York City.

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