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Texas A&M University organizes $198.87 million revenue financing bonds
By Sheri Kasprzak
New York, Dec. 23 – The Texas A&M University is set to price $198,865,000 of series 2015 revenue financing system bonds, according to a preliminary official statement.
The bonds (Aaa/AA+/AA+) will be sold through senior manager Citigroup Global Markets Inc. with Loop Capital Markets LLC, Morgan Stanley & Co. LLC, Raymond James/Morgan Keegan and Wells Fargo Securities LLC as the co-managers.
The deal includes $63.9 million series 2015A bonds and $134,965,000 of series 2015B bonds.
The 2015A bonds are due 2015 to 2025, and the 2015B bonds are due 2015 to 2044.
Proceeds will be used to refund the university’s series 2005A revenue financing system bonds.
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