Texas A&M University coordinates $295.01 million bond sale for June 4

By Sheri Kasprzak

New York, May 24 - The Board of Regents of the Texas A&M University plans to price $295.01 million of series 2013 revenue financing system bonds on June 4, according to a preliminary official statement.

The deal includes $39.4 million of series 2013A bonds and $255.61 million of series 2013B bonds.

The bonds (/AAA/AA+) will be sold on a competitive basis with First Southwest Co. as the financial adviser.

The 2013A bonds are due 2014 to 2022. The 2013B bonds are due 2014 to 2043.

Proceeds will be used to current refund the university's series 2002 and 2003A financing system bonds.

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