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University of Texas System to price $150 million public university revenue bonds Wednesday
By Sheri Kasprzak
New York, March 24 - The University of Texas System plans to price $150 million in series 2008A permanent university fund flexible-rate notes on Wednesday, confirmed a source at the university's finance department Monday.
The bonds (Aaa/VMIG 1/AAA/) will be sold on a competitive basis.
The offering is expected to settle on April 2.
Proceeds will be used to fund capital improvements to the university.
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