Massachusetts Health to sell $63.28 million bonds for Northeastern University Thursday

By Sheri Kasprzak

New York, Jan. 26 - The Massachusetts Health and Educational Facilities Authority plans to sell $63.28 million in series 2009Y revenue and refunding bonds for Northeastern University on Thursday, according to an offering calendar.

The bonds (A2) will be sold through senior manager Barclays Capital Inc.

The deal includes $37.955 million in series 2009Y-1 revenue bonds and $25.325 million in series 2009Y-2 revenue refunding bonds.

The 2009Y-1 bonds are due 2009 to 2019 with term bonds due 2024 and 2029, and the 2009Y-2 bonds are due 2009 to 2019 with a term bond due 2024.

Proceeds will be used to construct and renovate the university's Richards, Ell and Ryder halls, as well as refund the university's series F, H and K bonds.

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