Lewis & Clark College in Oregon to sell $106.4 million revenue bonds June 20

By Sheri Kasprzak

New York, June 11 - Lewis & Clark College of Oregon plans to price $106.4 million in series 2008A revenue bonds on June 20, said a sellside source on Wednesday.

The bonds will be sold on a negotiated basis with Prager, Sealy & Co. as the lead manager.

The bonds (Aaa/VMIG1//) will be sold through the Oregon Facilities Authority.

The bonds initially bear interest at the weekly rate but may be converted to a fixed-rate mode.

The bonds are being issued as direct-pay letters of credit.

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