Washington State University plans $55.78 million revenue bonds

By Sheri Kasprzak

New York, Jan. 21 - The Washington State University is set to price $55,775,000 of series 2014 general revenue bonds, according to a preliminary official statement.

The offering will be sold on a negotiated basis with Goldman Sachs & Co. as the lead manager and with Baird & Co., Barclays and J.P. Morgan Securities LLC as the co-managers.

The bonds (Aa2/AA/) are due 2015 to 2039.

Proceeds will be used to construct dining and housing facilities for the university, as well as to construct a new technology laboratory.

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