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Published on 8/22/2012 in the Prospect News Municipals Daily.

New Issue: Baylor College of Medicine, Texas, sells $75 million facilities bonds

By Sheri Kasprzak

New York, Aug. 22 - Baylor College of Medicine of Texas priced $75 million of series 2012B variable-rate medical facilities mortgage revenue refunding bonds, according to a pricing sheet.

The bonds (/A-/) were sold through senior manager Bank of America Merrill Lynch.

The bonds are due Nov. 15, 2045 and bear interest at the weekly rate.

Proceeds will be used to refund existing debt.

Issuer:Baylor College of Medicine
Issue:Series 2012B variable-rate medical facilities mortgage revenue refunding bonds
Amount:$75 million
Maturity:Nov. 15, 2045
Coupon:Weekly
Price:100
Type:Negotiated
Underwriter:Bank of America Merrill Lynch
Ratings:Standard & Poor's: A-
Pricing date:Aug. 22
Settlement date:Sept. 6

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