Lewis & Clark College, Ore., to sell $106.4 million revenue bonds

By Sheri Kasprzak

New York, June 13 - Lewis & Clark College, Ore., plans to price its previously announced $106.4 million in series 2008A revenue bonds on Tuesday, said a calendar of offerings released by the issuer.

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

The lead manager is Prager Sealy & Co. The co-managers are Stoel Rives LLP and Western Financial Group.

The variable-rate bonds are due Oct. 1, 2032. The bonds initially bear interest at the weekly rate but may be converted to a fixed-rate mode.

Proceeds will be used for capital improvements.

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