University of Oklahoma Health to sell $70.995 million bonds Thursday

By Sheri Kasprzak

New York, Aug. 20 - The University of Oklahoma Health Sciences Center plans to price $70.995 million in series 2008 general revenue bonds on Thursday, according to a preliminary official statement. The bonds will be sold through the Board of Regents of the University of Oklahoma.

The bonds (/AA/AA) will be sold on negotiated basis with Citigroup Global Markets as the senior manager. BOSC, Inc. is the co-manager.

The sale includes $44.83 million in series 2008A tax-exempt bonds and $26.165 million in series 2008B taxable bonds.

The 2008A bonds are due 2024 to 2028 with term bonds due 2033 and 2036. The 2008B bonds are due 2009 to 2013 with term bonds due 2018 and 2024.

Proceeds will be used for the construction and equipping of the center's O.U. Cancer Institute.

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