Kansas University Campus Development eyes $333.18 million bonds

By Sheri Kasprzak

New York, Dec. 15 – The Kansas University Campus Development Corp. Public Finance Authority is expected to price $333.18 million of series 2016 lease development revenue bonds, according to a preliminary official statement.

The bonds (Aa2) will be sold on a negotiated basis with J.P. Morgan Securities LLC as the senior manager and BofA Merrill Lynch, Barclays, George K. Baum & Co. and Wells Fargo Securities LLC as the co-managers.

The bonds are due 2018 to 2036 with term bonds due in 2041, 2046 and 2051.

Proceeds will be used to upgrade and improve classrooms, student life facilities and other campus projects.

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