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Published on 6/25/2012 in the Prospect News Municipals Daily.

New Issue: George Washington University, D.C., brings $168 million taxable bonds

By Sheri Kasprzak

New York, June 25 - The George Washington University of the District of Columbia priced $168 million of series 2012A taxable bonds, according to a pricing sheet.

The bonds (A1/A+/) were sold through Barclays Capital Inc., J.P. Morgan Securities LLC and Loop Capital Markets LLC.

The bonds are due Sept. 15, 2017, and have a 1.827% coupon priced at par.

Proceeds will be used to refund the university's series 1999B-C taxable bonds.

Issuer:George Washington University
Issue:Series 2012A taxable bonds
Amount:$168 million
Maturity:Sept. 15, 2017
Coupon:1.827%
Price:100
Type:Negotiated
Underwriters:Barclays Capital Inc., J.P. Morgan Securities LLC and Loop Capital Markets LLC (lead)
Ratings:Moody's: A1
Standard & Poor's: A+
Pricing date:June 20
Settlement date:July 2

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