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George Washington University, D.C., offers $138 million taxable bonds
By Sheri Kasprzak
New York, June 16 - The George Washington University in Washington, D.C., is expected to price $138 million in series 2010 taxable bonds, according to a preliminary official statement.
The bonds (A1/A+/) will be sold on a negotiated basis with Barclays Capital Inc. as the senior manager. The co-managers are J.P. Morgan Securities Inc. and Loop Capital Markets LLC.
The bonds are due 2010 to 2020.
Proceeds will be used to redeem its series 1999A District of Columbia university revenue bonds, as well as to fund general expenses.
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