Maine Health to sell $118 million bonds Tuesday for Bowdoin College

By Sheri Kasprzak

New York, April 13 - The Maine Health and Educational Facilities Authority is set to price its previously announced $117.94 million in series 2009 revenue bonds for Bowdoin College, according to a sales calendar.

The bonds (Aa2) had been scheduled to price last week.

Barclays Capital is the senior manager. The co-managers are Cain Brothers, Merrill Lynch & Co. Inc., Morgan Stanley & Co. Inc. and Wachovia Bank.

The deal includes $99.015 million in series 2009A and $18.925 million in series 2009B bonds.

Proceeds will be used to finance capital projects, as well as to refinance the college's series 1995B, 1998A and 1998C bonds.

Bowdoin College is located in Brunswick, Maine.

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