University of Oklahoma to price $65.17 million revenue bonds

By Sheri Kasprzak

New York, Jan. 7 - The Board of Regents of the University of Oklahoma plans to sell $65.17 million in series 2009 general revenue bonds, according to a preliminary official statement.

The bonds (/AA-/AA-) will be sold on a negotiated basis with BOSC Inc. and Citigroup Global Markets Inc. as the senior managers. The co-managers are D.A. Davidson & Co., Edward Jones & Co. and Wells, Nelson & Associates.

The sale includes $56.585 million in series 2009A tax-exempt bonds, which are due 2011 to 2024 with term bonds due 2029, 2034 and 2039. The offering also includes $8.585 million in series 2009B federally taxable bonds, which are due 2011 to 2023.

Proceeds will be used for the construction, renovation, remodeling, expansion and equipment of facilities at the university's Norman, Okla., campus.

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