Dasny to redeem 2003 series 1 Memorial Sloan-Kettering revenue bonds

By Marisa Wong

Madison, Wis., June 4 - Dormitory Authority of the State of New York issued a redemption notice to holders of its Memorial Sloan-Kettering Cancer Center revenue bonds, 2003 series 1. The authority will redeem the bonds on July 1.

The following bonds will be redeemed at par plus accrued interest to the redemption date:

• $9,445,000 of 5% bonds due July 1, 2015;

• $12,635,000 of 4% bonds due July 1, 2015;

• $17,545,000 of 5% bonds due July 1, 2016;

• $5,515,000 of 4.125% bonds due July 1, 2016;

• $20.02 million of 5% bonds due July 1, 2020;

• $4,145,000 of 4.5% bonds due July 1, 2020;

• $21,895,000 of 5% bonds due July 1, 2021;

• $3,455,000 of 4.625% bonds due July 1, 2021;

• $6.18 million of 4.375% bonds due July 1, 2022;

• $20,425,000 of 5% bonds due July 1, 2022;

• $4.83 million of 4.5% bonds due July 1, 2023;

• $23,065,000 of 5% bonds due July 1, 2023;

• $13.78 million of 4.5% bonds due July 1, 2024;

• $15.49 million of 5% bonds due July 1, 2024;

• $113.64 million of 5% bonds due July 1, 2024; and

• $18.48 million of 4.875% bonds due July 1, 2024.

The Bank of New York Mellon is the trustee.

The authority is based in Albany, and the cancer treatment center is based in New York City.

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