Marquette University to price $111.2 million revenue bonds

By Cristal Cody

Tupelo, Miss., Sept. 16 - Marquette University expects to price $111.195 million in revenue and refunding bonds on Monday and Sept. 30, a source said Tuesday.

The bonds (A2) will price through the Wisconsin Health and Educational Facilities Authority.

The $27.625 million series 2008A1 revenue and refunding bonds and the $33.01 million series 2008A2 revenue and refunding bonds will be offered on Monday.

The series 2008A1 bonds have serial maturities from 2009 through 2014, and the series 2008A2 bonds have serial maturities from 2015 through 2028 and terms due 2033.

The university also plans to price $31.795 million in series 2008B1 and $18.765 million in series 2008B2 adjustable demand revenue bonds on Sept. 30.

Robert W. Baird & Co. is the manager of the negotiated sale.

Proceeds will be used to refund a portion of the series 1998 revenue bonds and finance construction of a new law school building and renovations of a residence hall.

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