Published on 6/28/2012 in the Prospect News Municipals Daily.
New Issue: Bowdoin College, Maine, prices $128.5 million of 4.693% taxable bonds
By Sheri Kasprzak
New York, June 28 - Bowdoin College of Maine sold $128.5 million of series 2012 taxable bonds, according to an official statement.
The bonds (Aa2) were sold through Barclays Capital Inc. and are due July 1, 2112. The century bonds have a 4.693% coupon priced at par.
Proceeds will be used to finance capital needs of the college, as well as to refinance the college's series 2009A bonds.
| Issuer: | Bowdoin College, Maine
|
| Issue: | Series 2012 taxable bonds
|
| Amount: | $128.5 million
|
| Maturity: | July 1, 2112
|
| Coupon: | 4.693%
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriters: | Barclays Capital Inc. (lead)
|
| Ratings: | Moody's: Aa2
|
| Pricing date: | June 27
|
| Settlement date: | July 3
|
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