Temple University, Pa., to price $120 million university funding bonds

By Sheri Kasprzak

New York, March 21 - Temple University of Pennsylvania plans to price $120 million of series 2012 university funding obligations on March 27, according to a preliminary official statement.

The bonds (MIG 1) will be sold on a competitive basis with Public Financial Management Inc. as the financial adviser.

The bonds are due Dec. 12, 2012.

Proceeds will be used to finance various capital projects and equipment purchases, as well as to refund the university's series 2011 notes.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.