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North Carolina Capital readies $370 million Duke University bond deal
By Sheri Kasprzak
New York, Oct. 16 – The North Carolina Capital Facilities Finance Agency is set to price $370 million of series 2015B revenue bonds for Duke University during the week of Oct. 19, said a preliminary official statement.
The bonds (Aa1/AA+/) will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the senior manager and Barclays and J.P. Morgan Securities LLC as the co-managers.
The maturities have not been set.
Proceeds will be used to refund the university’s series 2005A bonds and outstanding commercial paper.
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