Quinnipiac University, Conn., to reoffer $165.55 million bonds

By Cristal Cody

Springdale, Ark., Aug. 15 - Quinnipiac University plans to convert and remarket $165.545 million revenue bonds through the Connecticut Health and Educational Facilities Authority, according to a preliminary reoffering circular.

The series J bonds (A2/AA/) will be converted to a fixed rate from a daily interest rate on Sept. 3.

The bonds were sold in 2007 and are insured by MBIA Insurance Corp.

JPMorgan is the senior remarketing manager, and co-managers are Merrill Lynch & Co., RBC Capital Markets and Siebert Brandford Shank & Co.

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