Tulane Educational Fund, La., preps $99.16 million revenue bond sale

By Sheri Kasprzak

New York, June 17 - The Tulane Educational Fund of Louisiana is set to price $99.16 million of series 2013D taxable refunding revenue bonds for Tulane University, according to a preliminary official statement. Pricing is expected during the week of June 17.

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

The bonds are due in 2037 and 2048.

Proceeds will be used to refund the university's series 2007A-1 and 2007B revenue bonds.

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