Louisiana Public Facilities to sell $61.42 million bonds for Tulane

By Sheri Kasprzak

New York, Feb. 19 - The Louisiana Public Facilities Authority plans to sell $61,415,000 of series 2013B revenue bonds for Tulane University, according to a preliminary official statement.

The bonds (A2/A/) will be sold on a negotiated basis with Raymond James/Morgan Keegan as the senior manager.

The bonds are due in 2037 and 2040.

Proceeds will be used to renovate, construct and acquire campus facilities in New Orleans.

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