New York University Revenue Bonds, Series 2018A&B
Moody’s: “Aa2” S&P: “AA-” NEW ISSUE – BOOK ENTRY ONLY (See “Ratings” herein) $592,585,000 DORMITORY AUTHORITY OF THE STATE OF NEW YORK NEW YORK UNIVERSITY REVENUE BONDS ® $348,880,000 $243,705,000 Series 2018A (Tax-Exempt) Series 2018B (Taxable) Dated: Date of Delivery Due: July 1, as shown on the inside cover Payment and Security: The New York University Revenue Bonds, Series 2018A (Tax-Exempt) (the “Series 2018A Bonds”) and the New York University Revenue Bonds, Series 2018B (Taxable) (the “Series 2018B Bonds” and, together with the Series 2018A Bonds, the “Series 2018 Bonds”) are special obligations of the Dormitory Authority of the State of New York (“DASNY”) payable solely from and secured by a pledge of (i) certain payments to be made under the Loan Agreement (the “Loan Agreement”), dated as of May 28, 2008, between New York University (the “University”) and DASNY, and (ii) all funds and accounts (except the Arbitrage Rebate Fund or any fund or account established for the payment of the Purchase Price or Redemption Price of Bonds tendered for purchase or redemption) established under DASNY’s New York University Revenue Bond Resolution, adopted May 28, 2008 (the “Resolution”), a Series Resolution authorizing the issuance of the Series 2018A Bonds adopted on April 11, 2018 (the “Series 2018A Resolution”) and a Series Resolution authorizing the issuance of the Series 2018B Bonds adopted on April 11, 2018 (the “Series 2018B Resolution” and, together with the Series 2018A Resolution, the “Series 2018 Resolutions”). The Loan Agreement is a general, unsecured obligation of the University and requires the University to pay, in addition to the fees and expenses of DASNY and the Trustee, amounts sufficient to pay, when due, the principal, Sinking Fund Installments, if any, Purchase Price and Redemption Price of and interest on all Bonds issued under the Resolution, including the Series 2018 Bonds.
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