Massachusetts HEFA to bring $309.455 million refunding bonds for Suffolk University on Wednesday

By Sheri Kasprzak

New York, Oct. 30 - The Massachusetts Health and Educational Facilities Authority plans to price $309.455 million of series 2009 revenue refunding bonds for Suffolk University on Wednesday, said a sales calendar.

The offering includes $287.83 million of series 2009A bonds and $21.625 million of series 2009B federally taxable bonds.

The bonds (Baa2/BBB/) will be sold on a negotiated basis with Morgan Stanley & Co. Inc. and George K. Baum & Co. as the senior managers.

Proceeds will be used to refund existing debt issued by Suffolk University.

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