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Published on 4/15/2010 in the Prospect News Municipals Daily.

Dasny to redeem $255.44 million in series 1999 court facilities bonds

By Devika Patel

Knoxville, Tenn., April 15 - The Dormitory Authority of the State of New York announced that it will redeem all $255.44 million of its series 1999 court facilities lease revenue bonds at 101 plus interest to May 15, the redemption date.

The bonds have maturities ranging from May 15, 2013 to May 15, 2039 and coupons that range from 5.4% to 6%.

The Bank of New York Mellon Trust Co., NA (800 254-2826) is the trustee.


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