Dasny defeases, redeems 1998 New York and Presbyterian Hospital bonds

By Marisa Wong

Madison, Wis., Dec. 15 - The Dormitory Authority of the State of New York said it defeased $23.8 million of its series 1998 New York and Presbyterian Hospital bonds and will redeem $413.87 million of the 1998 bonds.

Defeased are $11.75 million of 5.5% bonds due Feb. 1, 2011 and $12.05 million of 5.5% bonds due Aug. 1, 2011.

To be redeemed on Jan. 19 at par plus accrued interest to the redemption date are the following bonds:

• $11.995 million of 4.75% bonds due Feb. 1, 2012;

• $10.68 million of 4.75% bonds due Aug. 1, 2012;

• $42.33 million of 4.75% bonds due Aug. 1, 2014;

• $61.42 million of 4.75% bonds due Aug. 1, 2016;

• $25.25 million of 5% bonds due Feb. 1, 2019;

• $164.115 million of 4.75% bonds due Aug. 1, 2027; and

• $98.08 million of 5% bonds due Aug. 1, 2032.

The Bank of New York Mellon Trust Co., NA is the trustee.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.