The Mount Sinai School of Medicine at New York University is going to market next week with $369.6 million of tax-exempt bonds. The Dormitory Authority of the State of New York will offer the fixed-rate bonds to retail investors on Tuesday and to institutional investors on Wednesday.

The school, which is located on Manhattan’s Upper East Side of, plans to use the proceeds to construct and equip an 11-story building called the Center for Science and Medicine and a 10-story building to support the center and other school facilities. The bond proceeds will also be used for additions to a power plant that serves the school and Mount Sinai Hospital, with which the school is affiliated.

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