Johns Hopkins University, Md., to price $125.86 million variable-rate bonds

By Cristal Cody

Springdale, Ark., July 30 - Johns Hopkins University intends to price $125.855 million variable-rate revenue bonds on Aug. 7, a market source said Wednesday.

The series 2008B bonds (Aa2) will price through the Maryland Health and Higher Educational Facilities Authority.

Morgan Stanley will manage the negotiated sale.

Proceeds will be used to refund a portion of the outstanding series 1997 and 1998 fixed-rate bonds.

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