Published on 3/28/2011 in the Prospect News Municipals Daily.
New Issue: George Washington University, D.C. prices $100 million 4.452% taxable bonds at par
By Sheri Kasprzak
New York, March 28 - The George Washington University of D.C. brought $100 million of series 2011 taxable bonds, said a term sheet.
The bonds (A1) were sold through Barclays Capital Inc., J.P. Morgan Securities LLC and Loop Capital Markets LLC.
The bonds are due Sept. 15, 2021 and have a 4.452% coupon priced at par.
Proceeds will be used to fund the general corporate needs of the university.
| Issuer: | George Washington University
|
| Issue: | Series 2011 taxable bonds
|
| Amount: | $100 million
|
| Maturity: | Sept. 15, 2021
|
| Coupon: | 4.452%
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriters: | Barclays Capital Inc., J.P. Morgan Securities LLC and Loop Capital Markets LLC
|
| Rating: | Moody's: A1
|
| Pricing date: | March 24
|
| Settlement date: | March 31
|
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