DASNY Clears NYU Hospital Deal, Holds Off on NYSARC Borrowing

Whalen, Robert
June 2006
Bond Buyer;6/29/2006, Vol. 356 Issue 32413, p3
Trade Publication
The article reports on the approval of Dormitory Authority of the State of New York company (DASNY) on the sale of about $125 million of bonds. The bonds will help finance the separation of New York University Hospital Center from Mount Sinai NYU Health System Obligated Group. On the other hand, the board of DASNY declined to vote on a $25 million bond request by NYSARC Inc. after a major labor union raised issues concerning the group's disclosure practices.


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