By Aaron Hochman-Zimmerman
New York, Jan. 8 - The Virginia College Building Authority priced $309 million in series 2009A educational facilities revenue bonds (Aa1), according to the authority's director, Evelyn Whitley.
The bonds carry yields from 0.59% to 5.07%.
Citigroup acted as the underwriter for the bonds, which carry maturities from 2009 to 2038.
Proceeds will be used for the acquisition of notes issued by nine state higher educational institutions.
Issuer: Virginia College Building Authority
Issue: Series 2009A educational facilities revenue bonds
Amount: $309 million
Maturity range: | 2009 to 2038
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Yield range: | 0.59% to 5.07%
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Pricing date: | Dec. 8
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Underwriter: | Citigroup
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Ratings: | Moody's: Aa1
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