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