New Issue: George Washington University, D.C., prices $300 million of 3.485% taxable bonds due 2022

By Sheri Kasprzak

New York, March 22 - The George Washington University of the District of Columbia sold $300 million of series 2012 taxable bonds, according to a pricing sheet.

The bonds (A1/A+/) were sold through Barclays Capital Inc. with J.P. Morgan Securities LLC and Loop Capital Markets LLC as the co-managers.

The bonds are due Sept. 1, 2022 and bear interest at 3.485% priced at par.

Proceeds will be used to finance general corporate purposes for the university.

Issuer:	George Washington University
Issue:	Series 2012 taxable bonds
Amount:	$300 million
Maturity:	Sept. 1, 2022
Coupon:	3.485%
Price:	100
Type:	Negotiated
Underwriters:	Barclays Capital Inc. (lead), J.P. Morgan Securities LLC and Loop Capital Markets LLC (co-managers)
Ratings:	Moody's: A1
	Standard & Poor's: A+
Pricing date:	March 21
Settlement date:	March 27

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