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Dasny defeases $310.55 million Memorial Sloan-Kettering Cancer bonds
By Tali David
Minneapolis, Feb. 16 - The Dormitory Authority of the State of New York defeased $310,545,000 of its Memorial Sloan-Kettering Cancer Center revenue bonds, 2003 series 1, according to a news release.
The following bonds will be redeemed at par plus accrued interest on July 1, 2013:
• $9,445,000 of 5% bonds due July 1, 2015;
• $12,635,000 of 4% bonds due July 1, 2015;
• $17,545,000 of 5% bonds due July 1, 2016;
• $5,515,000 of 4.125% bonds due July 1, 2016;
• $20.02 million of 5% bonds due July 1, 2020;
• $4,145,000 of 4.5% bonds due July 1, 2020;
• $21,895,000 of 5% bonds due July 1, 2021;
• $3,455,000 of 4.625% bonds due July 1, 2021;
• $6.18 million of 4.375% bonds due July 1, 2022;
• $20,425,000 of 5% bonds due July 1, 2022;
• $4.83 million of 4.5% bonds due July 1, 2023;
• $23,065,000 of 5% bonds due July 1, 2023;
• $13.78 million of 4.5% bonds due July 1, 2024;
• $15.49 million of 5% bonds due July 1, 2024;
• $113.64 million of 5% bonds due July 1, 2024; and
• $18.48 million of 4.875% bonds due July 1, 2024.
The Bank of New York Mellon is the trustee.
Memorial Sloan-Kettering Cancer Center is based in New York City.
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