The Dormitory Authority of the State of New York yesterday announced the selection of a new slate of underwriters and gave preliminary and final approval to sales of $772.6 million of debt at its monthly board meeting.

"This is a transformative moment for the Dormitory Authority and for the State of New York," executive director Paul Williams Jr. said in a statement. "Our new panel of underwriters significantly expands opportunity for firms owned by minority members and women and gives the authority access to the world-class skill and talent we need to execute bonds deals for our clients."

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