University of Washington to price $92.135 million revenue refunding bonds April 22

By Sheri Kasprzak

New York, April 15 - The University of Washington intends to price $92.135 million in series 2008 general revenue refunding bonds on April 22, a preliminary official statement said.

The bonds (Aa1/AA+/) will be sold on a negotiated basis through lead managers Lehman Brothers and Merrill Lynch.

The bonds are due in a serial structure from 2008 to 2036.

Proceeds from the offering will be used to refund a portion of the university's series 1996 housing and dining system revenue refunding bonds, the series 2000 department of intercollegiate athletics revenue bonds and the series 2004A and 2004B general revenue bonds.

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