University of South Carolina prepares $61.88 million sale of higher education revenue bonds

By Sheri Kasprzak

New York, May 24 - The University of South Carolina plans to bring to market $61,875,000 of series 2012 special higher education revenue bonds for the Moore School of Business, according to a preliminary official statement.

The bonds (Aa2/AA/) will be sold on a negotiated basis with Barclays Capital Inc. as the senior manager.

The bonds are due 2015 to 2034 with term bonds, the maturities of which have not been set.

Proceeds will be used to defray the costs of constructing, designing, equipping, acquiring and installing a new facility for the Darla Moore School of Business at the Columbia campus of the university.

© 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.