Maryland Health and Higher Educational Facilities to sell $152.49 million Johns Hopkins bonds

By Sheri Kasprzak

New York, May 25 - The Maryland Health and Higher Educational Facilities Authority is set to price $152,485,000 of series 2012A revenue bonds for the Johns Hopkins University, according to a preliminary official statement.

The bonds (Aa2/AA/AA+) will be sold through Goldman, Sachs & Co. and J.P. Morgan Securities LLC. The co-manager is Ramirez & Co. Inc.

The bonds are due 2023 to 2032 with term bonds due in 2037 and 2041.

Proceeds will be used to refund existing debt.

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