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Minnesota Higher Education plans $53.43 million St. Olaf College bonds
By Sheri Kasprzak
New York, June 15 – The Minnesota Higher Education Facilities Authority is set to price $53.43 million of series 2015 revenue bonds for St. Olaf College on Thursday, said a preliminary official statement.
The bonds (A1) will be sold on a negotiated basis with Piper Jaffray & Co.
The bonds are due 2016 to 2032.
Proceeds will be used to renovate classroom and residential facilities at the college and to refund the college’s series 2007 bonds and variable-rate demand bonds.
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