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Published on 12/19/2013 in the Prospect News Municipals Daily.

Massachusetts Development preps $150 million Northeastern revenue debt

By Sheri Kasprzak

New York, Dec. 19 - The Massachusetts Development Finance Agency plans to sell $150 million of series 2014A revenue bonds for Northeastern University, according to a preliminary official statement.

The bonds will be sold through Barclays and Morgan Stanley & Co. LLC.

The maturities have not been set.

Proceeds will be used to construct, design and equip a new interdisciplinary science and engineering building, as well as to renovate existing administrative and office space.


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