Middlebury College in Vermont to price $55.26 million bonds to refund auction-rate series

By Cristal Cody

Springdale, Ark., March 26 - Middlebury College in Vermont plans to price $55.26 million in bonds on Tuesday, the issuer said Wednesday.

The series 2008 bonds (Aa2/VMIG 1) will price through the Vermont Educational and Health Buildings Financing Agency.

The bonds are due Nov. 1, 2026, said Derek Hammel, manager of treasury and finance for the college.

Goldman, Sachs & Co. is the underwriter.

Proceeds will be used to refund the college's outstanding series 2006B auction-rate bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.