Roosevelt & Cross Closes $759,115,000 Dormitory Authority of the State of New York School Districts Revenue Bond Financing Program Series 2022A and 2022B
Roosevelt & Cross acted as the senior book-running manager for a $759,115,000 bond issue for the Dormitory Authoritys School Districts Revenue Bond Financing Program that priced in May 2022.
- Roosevelt & Cross acted as the senior book-running manager for a $759,115,000 bond issue for the Dormitory Authoritys School Districts Revenue Bond Financing Program that priced in May 2022.
- Two series of bonds were issued on behalf of 66 New York school districts to finance infrastructure improvements to facilities and equipment throughout the state.
- This years DASNY financing marks the 20th anniversary of the program, and the largest issuance since its inception.
- The bonds are special obligations of DASNY, payable from GO bond payments of the local school district obligors under the program.