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Dasny's $85 million sale of Hospital for Special Surgery bonds scheduled for Wednesday
By Sheri Kasprzak
New York, Oct. 30 - The Dormitory Authority of the State of New York is set to sell its previously announced $85 million in series 2009 FHA-insured mortgage hospital revenue bonds on Wednesday, according to a calendar of upcoming deals.
The bonds (Aa2/AAA/) will be sold for the Hospital for Special Surgery.
Merrill Lynch & Co. is the senior manager. The co-managers are Cabrera Capital Markets LLC, Goldman, Sachs & Co. and J.P. Morgan Securities Inc.
Proceeds will be used to expand and renovate the hospital's East Wing, fund a parking garage and a new mechanical rooftop.
The Hospital for Special Surgery is located in New York City.
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