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Published on 6/1/2011 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dasny calls portion of series 2003C University of Rochester bonds

By Marisa Wong

Madison, Wis., June 1 - The Dormitory Authority of the State of New York gave notice that it will redeem $4.375 million of its $63.05 million outstanding University of Rochester revenue bonds, series 2003C, due July 1, 2033.

The variable-rate bonds will be redeemed on July 1 at par plus accrued interest to the redemption date.

The New York-based authority is responsible for financing and building facilities for higher education, health care providers, court facilities and certain nonprofit institutions and public agencies. The university is located in Rochester, N.Y.


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