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Published on 3/5/2009 in the Prospect News Municipals Daily.

Texas A&M to sell $217.5 million university fund bonds

By Cristal Cody

Tupelo, Miss., March 5 - The Board of Regents of the Texas A&M University System plan to sell $217.5 million in university fund bonds through a competitive sale, according to sale notices.

The bonds will be sold between March 10 and Aug. 31 with notice given a day in advance of the sale, according to the board.

The sale includes $152.43 million series 2009A permanent university fund bonds with serial maturities from 2019 through 2034 and $65.065 million series 2009B bonds with serial maturities from 2010 through 2034.

First Southwest Co. is the financial advisor.

The proceeds will be used to refund a portion of the series 1998 university fund bonds and for university improvements.

Texas A&M is located in College Station.


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