Gonzaga University, Wash., plans to sell $53.62 million revenue bonds

By Cristal Cody

Tupelo, Miss., Sept. 15 - Gonzaga University intends to price $53.615 million in refunding revenue bonds through the Washington Higher Education Facilities Authority, according to a preliminary official statement.

A pricing date has not been set, a source with the authority told Prospect News on Tuesday.

The series 2009B bonds (A3//) have serial maturities from 2010 through 2024 and terms due 2029 and 2034.

Wells Fargo Securities Inc. is the senior manager of the negotiated sale and Barclays Capital Inc. is the co-manager.

The proceeds will be used to refund the Spokane, Wash.-based university's series 2008A variable rate demand refunding revenue bonds and to finance a payment to terminate an interest rate swap.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.