Mississippi State University prepares $61.85 million revenue bond deal

By Sheri Kasprzak

New York, Sept. 11 - The Mississippi State University Educational Building Corp. is set to price $61,845,000 of series 2013 revenue bonds, according to a preliminary official statement.

The bonds (Aa2/AA/) will be sold through senior managers Raymond James/Morgan Keegan and Morgan Stanley & Co. LLC.

The bonds are due 2014 to 2033.

Proceeds will be used to finance the completion of the expansion of the Davis Wade Stadium at the university, as well as to refund outstanding commercial paper.

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