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Published on 2/27/2013 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dasny defeases $51.35 million 2005 Rochester General Hospital bonds

By Tali David

Minneapolis, Feb. 27 - The Dormitory Authority of the State of New York defeased $51,345,000 of its series 2005 Rochester General Hospital insured revenue bonds, according to a notice.

The following 5% bonds will be redeemed at par plus accrued interest on Dec. 1, 2015:

• $3,435,000 of bonds due Dec. 1, 2013;

• $3.61 million of bonds due Dec. 1, 2014;

• $3,015,000 of bonds due Dec. 1, 2015;

• $15.71 million of bonds due Dec. 1, 2025; and

• $25,575,000 of bonds due Dec. 1, 2035.

The Bank of New York Mellon is the trustee.


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