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Published on 4/20/2012 in the Prospect News Liability Management Daily and Prospect News Municipals Daily.

Dasny defeases all $54.06 million of Menorah Home and Hospital bonds

By Ashley Montgomery

Kansas City, Kan., April 20 - Dormitory Authority of the State of New York defeased all $54.06 million outstanding of its series 1999 Menorah Home and Hospital for the Aged and Infirm FHA-insured mortgage nursing home revenue bonds, according to a notice.

The bonds will be redeemed May 11 at par, plus accrued interest to the redemption date.

The following bonds are affected:

• $10,145,000 of 5% bonds due Aug. 1, 2018;

• $17 million of 5.1% bonds due Aug. 1, 2028; and

• $26,915,000 of 5.15% bonds due Aug. 1, 2038.

Bank of New York Mellon is the trustee.


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