Massachusetts Development plans $66.92 million Tufts University bonds

By Sheri Kasprzak

New York, Feb. 9 – The Massachusetts Development Finance Agency is expected to price $66,915,000 of series 2015Q revenue bonds for Tufts University, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Barclays as the senior manager.

The maturities have not been set.

Proceeds will be used to finance capital improvements and repairs at Robinson Hall in Medford, Mass., and other capital repairs, as well as to refund the university’s series O revenue bonds.

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