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Published on 8/25/2008 in the Prospect News Municipals Daily.

University of Oklahoma Health Sciences delays $71 million sale of revenue bonds to Aug. 25 week

By Sheri Kasprzak

New York, Aug. 25 - The University of Oklahoma Health Sciences Center plans to price its previously announced $70.995 million in series 2008 general revenue bonds later this week, according to a calendar of offerings.

The bonds (/AA/AA) had originally been set to price last week, but the sale was held over.

The bonds will be sold through the Board of Regents of the University of Oklahoma with Citigroup Global Markets as the senior manager. The co-manager is BOSC, Inc.

The sale includes $44.83 million in series 2008A tax-exempt bonds and $26.165 million in series 2008B taxable bonds.

The 2008A bonds are due 2024 to 2028 with term bonds due 2033 and 2036. The 2008B bonds are due 2009 to 2013 with term bonds due 2018 and 2024.

Proceeds will be used for the construction and equipment of the center's O.U. Cancer Institute.


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