Emory University, Ga., organizes $206.93 million sale of revenue bonds

By Sheri Kasprzak

New York, July 23 - The Private Colleges and Universities Authority of Georgia is expected to price $206.93 million of series 2013A revenue bonds for Emory University, according to a preliminary official statement.

The bonds (Aa2/AA/AA+) will be sold on a negotiated basis with Barclays as the lead manager. The co-managers are BofA Merrill Lynch, Goldman, Sachs & Co. and Wells Fargo Securities LLC.

The bonds are due 2014 to 2022 with a term bond due in 2043.

Proceeds will be used to refund the university's series 2002A and 2005A revenue bonds and its series 2010 commercial paper notes.

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