Oregon Health and Science University plans $200 million revenue bonds

By Sheri Kasprzak

New York, Feb. 11 – The Oregon Health and Science University is expected to price $200 million of series 2016B revenue bonds, according to a preliminary official statement.

The bonds (Aa3/AA-/AA-) will be sold on a negotiated basis with J.P. Morgan Securities LLC and Wells Fargo Securities LLC as the senior managers. The co-managers are Barclays and Loop Capital Markets LLC.

The maturities have not been set.

Proceeds will be used to finance the construction of a new ambulatory care center and the construction of a new building for the Knight Cancer Research Institute, as well as to refund the university’s series 2009A revenue bonds.

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