Muhlenberg College, Pa., plans $56.485 million offering of college revenue bonds April 8

By Sheri Kasprzak

New York, April 1 - Muhlenberg College intends to price $56.485 million in series 2008 private college revenue bonds on April 8.

Moody's Investors Service rated the bonds A1 on Tuesday.

The bonds will be sold on a negotiated basis through lead manager UBS Securities.

The bonds are being sold through the Lehigh County General Purpose Authority.

Proceeds from the deal will be used to refund the college's series 2005 and 2007 auction-rate bonds.

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