When the Hudson Falls, N.Y., Central School District needed to borrow for capital spending last year it went on its own to the market. This year it's going through the Dormitory Authority of the State of New York and it's not alone.

DASNY's $359.7 million revenue bond deal pricing for retail today will finance and refinance capital expenditures for 32 school districts. It's the largest offering under the school program since it began in 2002.

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