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Massachusetts Institute of Technology plans $500 million taxable bonds
By Cristal Cody
Eureka Springs, Ark., July 22 – Massachusetts Institute of Technology plans to price $500 million of series E taxable bonds (Aaa/AAA/), according to a preliminary official statement.
J.P. Morgan Securities LLC and Barclays will manage the negotiated sale.
Proceeds will be used to support current or future capital projects consistent with the institutions’ capital plan.
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