In a landmark deal, the Dormitory Authority of the State of New York (DASNY) announced that it selected M.R. Beal & Co. (No. 4 in tax-exempt securities with $1.58 billion in lead issues on the BE Investment Banks list) as senior manager and sole book runner for its $1.3 billion Personal Income Tax (PIT) bond issuance. The firm is led by founder and CEO Bernard Beal.
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