DePaul University, Ill., considers refunding bond sale for 2011A bonds

By Sheri Kasprzak

New York, Aug. 3 – The Illinois Finance Authority is contemplating a refunding bond sale for DePaul University, said a notice from the authority.

The proceeds from the deal, if conducted, will be used to refund the university’s series 2011A revenue bonds, of which there is $115 million of principal outstanding.

The pricing and timing of the deal is contingent upon market conditions and other factors.

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