CUSIP 64990H6W5
- ISIN: US64990H6W56
- Entity Name: Dormitory Authority of the State of New York
- Sector: Sub Sovereign Agency
- Announcement Date: *****
- Effective Date: *****
- Issue Date: *****
- Maturity Date: *****
- Country of Issuer: *****
- Region: N.Amer
- Issue Currency: *****
- CA Type: Offer Repurchase
- News: On December 28, 2017, the Dormitory Authority of the State of New York (the Authority) issued the above-referenced bonds (the Bonds) in the aggregate principal amount of $64,015,000 (the Bonds). The Bonds were issued for the benefit of Touro College (the College) pursuant to the Authoritys Touro College and University System Obligated Group Revenue Bond Resolution, adopted May 14, 2014 (the Resolution) and its Series Resolution authorizing the Bonds (the Series 2017 Resolution), adopted December 6, 2017. As described in the Official Statement in connection with the Bonds, dated December 19, 2017 (the Official Statement), the Bonds are subject to Special Mandatory Redemption on or before July 1, 2018, should the College fail to complete the purchase of the 59th Street Property (as defined in the Official Statement) on or before May 25, 2018. Effective December 28, 2017, the College has completed the purchase of the 59th Street Property (as defined in the Official Statement). Accordingly, the Bonds are no longer subject to Special Mandatory Redemption.
- Description: *****
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US64990H6W56
