By Sheri Kasprzak
New York, Jan. 11 - The Vermont Educational and Health Building Financing Agency sold $59.445 million in series 2009 revenue refunding bonds for Middlebury College, according to an official statement.
The bonds (Aa2/AA/) were sold through Goldman, Sachs & Co.
The bonds are due 2038 and have a 5% coupon to yield 4.45%.
Proceeds from the sale will be used to refund existing Middlebury College debt.
Issuer: | Vermont Educational and Health Building Financing Agency/Middlebury College
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Issue: | Series 2009 revenue refunding bonds
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Amount: | $59.445 million
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Maturity: | 2038
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Coupon: | 5%
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Yield: | 4.45%
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Ratings: | Moody's: Aa2
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| Standard & Poor's: AA
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Pricing date: | Jan. 6
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Settlement date: | Jan. 14
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