Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Fordham University > News item |
Fordham University of New York plans to price $97.2 million in revenue bonds May 20
By Sheri Kasprzak
New York, May 13 - Fordham University of New York plans to sell $97.2 million in series 2008 variable-rate private university revenue bonds, a source connected to the sale confirmed with Prospect News Tuesday.
"May 20 is tentative," the source said. "I can't comment further on the sale at this time."
The bonds (A2//) will be sold through the Dormitory Authority of the State of New York on a negotiated basis.
The sale includes $48.6 million in series 2008A-1 bonds and $48.6 million in series 2008A-2 bonds.
Merrill Lynch is the lead manager for the 2008A-1 bonds, and Citigroup Global Markets is the senior manager for the 2008A-2 bonds.
Proceeds from the deal will be used to refund the university's series 2005A auction-rate bonds.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.