Tufts University, Mass., to price $83.64 million in revenue bonds

By Sheri Kasprzak

New York, Oct. 30 - Tufts University of Massachusetts plans to sell $83.635 million in series 2008O revenue bonds, according to a preliminary official statement. The bonds will be sold through the Massachusetts Health and Educational Facilities Authority.

The bonds (Aa2/AA-/) will be sold on a negotiated basis with J.P. Morgan Securities Inc. as the senior manager.

The maturities have not yet been set on the bonds.

Proceeds will be used for the construction of a dental tower and a regional biosafety laboratory, as well as renovations and acquisitions of several buildings.

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