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Western Michigan University arranges $109.27 million of revenue bonds
By Sheri Kasprzak
New York, April 8 – Western Michigan University is expected to price $109.27 million of series 2015A general revenue and refunding bonds, according to a preliminary official statement.
The bonds will be sold through senior manager Citigroup Global Markets Inc. with BofA Merrill Lynch and Fifth Third Securities Inc. as the co-managers.
The bonds are due 2016 to 2035 with term bonds due in 2040 and 2045.
Proceeds will be used to construct, equip and furnish an on-campus dining facility and an alumni center, as well as to refund the university’s series 2008 general revenue bonds.
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