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Washington University, Mo., to offer $131.5 million taxable bonds
By Sheri Kasprzak
New York, April 21 – The Washington University of St. Louis is expected to come to market with $131.5 million of series 2015 taxable bonds, according to a preliminary official statement.
The bonds (Aaa/AAA/) will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the lead manager. The co-managers are J.P. Morgan Securities LLC and Wells Fargo Securities LLC.
The maturities have not been set.
Proceeds will be used to refund the university’s series 2004A-B bonds and defease its series 2001A bonds.
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