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Published on 6/25/2012 in the Prospect News Municipals Daily.

Florida Atlantic University to price $53 million housing revenue bonds

By Sheri Kasprzak

New York, June 25 - The Florida Atlantic University Finance Corp. is set to price $53 million of series 2012A capital improvement housing revenue bonds, according to a sales calendar.

The bonds (A1//A+) will be sold through lead manager Bank of America Merrill Lynch.

The bonds are due 2014 to 2032 with term bonds due in 2037 and 2042.

Proceeds will be used to construct, equip, acquire and design a new student housing facility for the university.


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