Amherst College, Mass., preps $100 million sale of taxable bonds

By Sheri Kasprzak

New York, Sept. 26 - Amherst College of Massachusetts plans to price $100 million of series 2012A taxable bonds, according to a preliminary official statement.

The bonds (Aaa/AA+/) will be sold on a negotiated basis with Bank of America Merrill Lynch as the underwriter.

The maturities have not been set.

Proceeds will be used to finance capital projects for the college.

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