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Eastern Michigan University to price $125.795 million general revenue variable-rate refunding bonds
By Cristal Cody
Springdale, Ark., April 7 - Eastern Michigan University plans to price $125.795 million general revenue variable-rate demand refunding bonds, according to an official statement released Monday.
The series 2008 bonds (Aaa/AAA/) are due June 1, 2036.
Piper Jaffray is the underwriter.
Proceeds will be used to pay the costs of refunding outstanding obligations of the university's board of regents.
The pricing date could not be confirmed by press time.
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