Massachusetts College Building to sell $150.25 million revenue bonds

By Cristal Cody

Prospect News, Jan. 30 - Massachusetts State College Building Authority expects to price $150.25 million of series 2012B refunding revenue bonds, according to a preliminary official statement.

The bonds have serial maturities from 2018 through 2032 and terms due 2037 and 2043.

The bonds will price through a negotiated sale managed by Bank of America Merrill Lynch; Barclays Capital Inc.; J.P. Morgan Securities Inc.; Fidelity Capital Markets Inc.; Jefferies & Co.; Morgan Keegan & Co. Inc.; Ramirez & Co., Inc.; and Wells Fargo Securities LLC.

Proceeds will be used to refund outstanding bonds.

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