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Richard Stockton College of N.J. offers $135.68 million revenue bonds
By Cristal Cody
Springdale, Ark., July 31 - Richard Stockton College of New Jersey plans to price $135.68 million revenue bonds through the New Jersey Educational Facilities Authority, according to a preliminary official statement.
The series 2008A bonds have serial maturities from 2011 through 2018 and terms due in 2028, 2033 and 2038.
Morgan Stanley is the senior manager of the negotiated sale. Co-managers are Ramirez & Co.; George K. Baum & Co.; Goldman, Sachs & Co.; and Jackson Securities LLC.
Proceeds will be used to finance construction and equipping of campus facilities and refund all of the outstanding series 2005C revenue bonds.
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