Washington University, Mo., to price $200 million of facilities bonds

By Sheri Kasprzak

New York, July 16 - The Missouri Health and Educational Facilities Authority plans to come to market with $200 million of series 2012A taxable educational facilities revenue bonds for Washington University, according to a preliminary official statement. Pricing is expected for the week of July 16.

The bonds (Aaa/AAA/) will be sold through senior managers Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, Edward D. Jones & Co. LP and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used to renovate the university's McMillan Hall, construct, furnish and equip the Siteman Cancer Center, construct student housing on the Danforth campus, make other capital improvements on university property and refund the university's series 2003A revenue bonds.

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