Dasny to redeem seven mental health services facilities bonds series

By Devika Patel

Knoxville, Tenn., March 11 - The Dormitory Authority of the State of New York announced that it will redeem all or some of its series 1998B, series 1998D, series 1998F, series 1998G, series 1999B, series 1999C and subseries 2003D-2A mental health services facilities improvement revenue bonds.

The $156 million of subseries 2003D-2A bonds will be redeemed at par plus interest on April 1, with the remaining bonds redeemed on April 9 at 100.5. The exception is the series 1998B bonds, which will be redeemed at par on April 9.

Deutsche Bank Trust Co. Americas is the trustee for the subseries 2003D-2A bonds. The Bank of New York Mellon Trust Co., NA is the trustee for all remaining bonds.

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