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MIT to price $335 million in revenue bonds
By Sheri Kasprzak
New York, July 18 - The Massachusetts Institute of Technology plans to price $335 million in series 2008N revenue bonds, according to a preliminary official statement.
The bonds will be sold on a negotiated basis with Lehman Brothers and Morgan Stanley as the underwriters.
The Massachusetts Health and Educational Facilities Authority will sell the bonds.
The maturities have not been set at this time.
Proceeds will be used for capital improvements.
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