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University of Oklahoma readies $240.46 million general revenue bonds
By Sheri Kasprzak
New York, Sept. 4 – The University of Oklahoma is scheduled to price $240.46 million of series 2015 general revenue bonds on Thursday, according to a preliminary official statement.
The bonds (/A+/AA-) will be sold on a negotiated basis with RBC Capital Markets LLC as the senior manager. The co-managers are BOSC Inc., Stifel, Nicolaus & Co. and Wells Fargo Securities LLC.
The deal includes $198.12 million of series 2015C tax-exempt bonds and $42.34 million of series 2015D taxable bonds.
The 2015C bonds are due 2026 to 2045 and the 2015D bonds are due 2018 to 2026.
Proceeds will be used to finance capital improvements to the university’s Norman campus.
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