Dasny plans to defease, call 1998 Hospital for Special Surgery bonds

By Marisa Wong

Madison, Wis., Sept. 21 - Dormitory Authority of the State of New York said it expects to defease and redeem all of its series 1998 Hospital for Special Surgery FHA-insured mortgage hospital revenue bonds as part of a refinancing in the near future.

The following bonds will be affected:

• $2.235 million of bonds due Feb. 1, 2012;

• $2.29 million of bonds due Aug. 1, 2012;

• $28.965 million of bonds due Feb. 1, 2018;

• $31.18 million of bonds due Feb. 1, 2028; and

• $12.695 million of bonds due Feb. 1, 2038.

The New York City-based authority is responsible for financing and building facilities for higher education, health-care providers, court facilities, nonprofit institutions and public agencies. Hospital for Special Surgery is an orthopedics and rheumatology hospital that is also located in New York City.

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