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Dasny defeases $76.1 million Rochester Institute of Technology bonds
By Ashley Montgomery
Kansas City, Kan., Dec. 12 - The Dormitory Authority of the State of New York defeased $76.1 million of its series 2008A Rochester Institute of Technology revenue bonds, according to a notice.
The following bonds are affected:
• $500,000 of 5.25% bonds due July 1, 2020;
• $500,000 of 5.375% bonds due July 1, 2021;
• $500,000 of 5.5% bonds due July 1, 2022;
• $4.92 million of 5.5% bonds due July 1, 2023;
• $5.19 million of 5.75% bonds due July 1, 2024;
• $5.49 million of 5.75% bonds due July 1, 2025;
• $26 million of 6.25% bonds due July 1, 2029; and
• $33 million of 6% bonds due July 1, 2033.
The bonds will be redeemed on July 1, 2018 at par plus accrued interest to the redemption date.
Manufacturers and Traders Trust Co. is the trustee.
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