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Massachusetts organizes $150 million sale of revenue bonds for Wellesley on Wednesday
By Sheri Kasprzak
New York, March 26 - The State of Massachusetts is expected to sell $150 million of series 2012 revenue bonds for Wellesley College on Wednesday, according to a sales calendar.
The bonds (Aa1/AA+/) will be sold through senior manager J.P. Morgan Securities LLC.
The sale includes $55 million of series 2012J bonds and $95 million of series 2012K taxable bonds.
Proceeds will be used to finance capital improvements to the college.
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