Texas A&M University organizes $352.83 million of revenue system bonds

By Sheri Kasprzak

New York, Aug. 26 - The Texas A&M University System is set to price $352,825,000 of series 2013D taxable revenue financing system bonds, according to a preliminary official statement.

The bonds (Aaa/AA+/AA+) will be sold on a negotiated basis with Wells Fargo Securities LLC as the lead manager. The co-managers are RBC Capital Markets LLC, Raymond James/Morgan Keegan, Citigroup Global Markets Inc. and Siebert Brandford Shank & Co. LLC.

The bonds are due 2016 to 2043.

Proceeds will be used to redesign Kyle Field football stadium, as well as to fund capitalized interest.

© 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.