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University of Texas System preps $217.19 million offering of bonds
By Sheri Kasprzak
New York, Feb. 19 - The Board of Regents of the University of Texas System is set to price $217,185,000 of series 2014B permanent university fund bonds, according to a preliminary official statement.
The bonds (Aaa/AAA/AAA) will be sold on a negotiated basis with Goldman Sachs & Co. and Raymond James/Morgan Keegan as the senior managers.
The co-managers are Comerica Securities Inc., George K. Baum & Co., Loop Capital Markets LLC, Mesirow Financial Inc., Morgan Stanley & Co. LLC and Siebert Brandford Shank & Co. LLC.
The bonds are due 2015 to 2016, 2024 to 2025, 2027 and 2031 to 2033.
Proceeds will be used to refund the university system's series 2004A-B permanent university fund bonds.
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