New York dormitory authority defeases University of Rochester bonds

By Wendy Van Sickle

Columbus, Ohio, June 24 – The Dormitory Authority of the State of New York has defeased several University of Rochester revenue bonds, series 2004A, 2007A-1, 2007A-2 and 2007B, according to a notice.

The following series 2004A bonds will be redeemed on July 29 at par plus accrued interest:

• All $1.32 million of 4.75% bonds due 2025; and

• All $15.27 million of 5% bonds due 2030.

The following series 2007A-1 5% bonds will be redeemed on Jan. 1, 2017 at par plus accrued interest:

• All $6,975,000 of bonds due 2018;

• All $7,305,000 of bonds due 2019;

• All $7,665,000 of bonds due 2020;

• All $8.07 million of bonds due 2021;

• All $8,465,000 of bonds due 2022;

• All $2.75 million of bonds due 2023;

• All $2,885,000 of bonds due 2024;

• All $3,305,000 of bonds due 2025;

• All $3,185,000 of bonds due 2026;

• All $3.35 million of bonds due 2027;

• All $19,405,000 of bonds due 2032; and

• All $36,505,000 of bonds due 2039.

The following series 2007A-2 bonds will be redeemed on Jan. 1, 2017 at par plus accrued interest:

• $1,494,540 of 4.375% bonds due 2020; and

• All $4,503,683 of 4.55% bonds due 2037.

The following series 2007B 5% bonds will be redeemed on Jan. 1, 2017 at par plus accrued interest:

• All $860,000 of bonds due 2018;

• All $905,000 of bonds due 2019;

• All $950,000 of bonds due 2020;

• All $995,000 of bonds due 2021;

• All $1,045,000 of bonds due 2022;

• All $1,095,000 of bonds due 2023;

• All $1.15 million of bonds due 2024;

• All $1.21 million of bonds due 2025;

• All $1,275,000 of bonds due 2026;

• All $1.33 million of bonds due 2027;

• All $7,745,000 of bonds due 2032; and

• All $14,545,000 of bonds due 2039.

All bonds have maturity dates of July 1 of their respective years.

Bank of New York Mellon in the trustee.

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