By Sheri Kasprzak
New York, Jan. 11 - The Vermont Educational and Health Building Financing Agency sold $59.445 million in series 2009 revenue refunding bonds for Middlebury College, according to an official statement.
The bonds (Aa2/AA/) were sold through Goldman, Sachs & Co.
The bonds are due 2038 and have a 5% coupon to yield 4.45%.
Proceeds from the sale will be used to refund existing Middlebury College debt.
| Issuer: | Vermont Educational and Health Building Financing Agency/Middlebury College
|
| Issue: | Series 2009 revenue refunding bonds
|
| Amount: | $59.445 million
|
| Maturity: | 2038
|
| Coupon: | 5%
|
| Yield: | 4.45%
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA
|
| Pricing date: | Jan. 6
|
| Settlement date: | Jan. 14
|
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