By Sheri Kasprzak
New York, Sept. 9 - St. Joseph County in Indiana sold $150 million of series 2009 educational facilities revenue refunding bonds on Wednesday for the University of Notre Dame du Lac, said a pricing sheet.
The 5% bonds (Aaa) are due 2036 and priced at par.
Morgan Stanley & Co. Inc. was the lead manager. The co-managers were Merrill Lynch & Co. Inc. and Wells Fargo Securities Inc.
Proceeds will be used to refund the university's series 1998 and 2005 bonds.
| Issuer: | St. Joseph County, Ind./University of Notre Dame du Lac
|
| Issue: | Series 2009 educational facilities revenue refunding bonds
|
| Amount: | $150 million
|
| Type: | Negotiated
|
| Underwriters: | Morgan Stanley & Co. Inc. (lead); Merrill Lynch & Co. Inc. and Wells Fargo Securities Inc. (co-managers)
|
| Maturity: | 2036
|
| Coupon: | 5%
|
| Price: | Par
|
| Rating: | Moody's: Aaa
|
| Pricing date: | Sept. 9
|
| Settlement date: | Sept. 30
|
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