Aug 5, 2026BoardMeeting
BoardDormitory Authority Of The State Of New York Special Board Meeting
The board meeting focused on the consideration and adoption of the Northwell Health Obligated Group financing transaction. Key discussions included the authorization of two series resolutions for Northwell Health Obligated Group Revenue Bonds, totaling up to $800 million. The board reviewed the use of bond proceeds for financing, refinancing, or reimbursing project costs, as well as the security structure involving the Master Trust Indenture and the gross receipts pledge of the obligated group members. The transaction was approved following a presentation by the bond counsel and confirmation of previous regulatory approvals.