The Dormitory Authority of the State of New York is scheduled to sell $205 million of new-money and refunding bonds for New York University this week, following a one-day retail order period. Bank of America Merrill Lynch is the lead underwriter.

Standard & Poor’s rated the bonds AA-minus based on positive operating performance and assigned a stable outlook. S&P credit analysts also affirmed their AA-minus rating and underlying rating on the university’s parity debt, as well as the school’s AA-minus issuer credit rating.

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