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Washington Higher Education to sell $53.62 million refunding bonds for Gonzaga University Tuesday
By Sheri Kasprzak
New York, Sept. 18 - The Washington Higher Education Facilities Authority is set to sell $53.615 million in series 2009B refunding revenue bonds for Gonzaga University on Tuesday, according to a sales calendar.
The bonds (A3) will be sold through lead manager Wells Fargo Securities. The co-manager is Barclays Capital Inc.
The bonds are due 2010 to 2024 with term bonds due 2029 and 2034.
Proceeds will be used to refund the university's series 2008A variable-rate demand refunding revenue bonds, as well as to finance a payment to terminate an interest rate swap agreement.
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