Indiana University to sell $75 million in revenue bonds

By Sheri Kasprzak

New York, March 16 - The Trustees of Indiana University plan to bring $75 million in series 2009A consolidated revenue bonds, according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Barclays Capital Corp. as the senior manager. The co-managers are City Securities Corp. and Loop Capital Markets LLC.

Proceeds from the deal will be used to construct a housing complex on the university's Bloomington campus, to renovate a food court on the Indianapolis campus and to expand a parking lot on the Southeast campus.

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