Emory University, Ga., to sell $218.78 million revenue bonds

By Cristal Cody

Tupelo, Miss., Aug. 3 - Private Colleges and Universities Authority announced plans to sell $218.775 million revenue bonds for Emory University in Atlanta, according to a preliminary official statement.

The series 2011A bonds (Aa2/AA/) are due in 2016 and 2041.

Barclays Capital Inc. and Morgan Stanley & Co. are lead managers of the negotiated deal. Bank of America Merrill Lynch is a co-manager.

Proceeds will be used to refund all of the outstanding Emory University series 2001A revenue bonds, a portion of the series 2002A revenue bonds and all of the outstanding series 2008B revenue bonds.

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