Virginia College Building to sell $142.44 million of bonds Tuesday

By Sheri Kasprzak

New York, Oct. 29 - The Virginia College Building Authority is expected to price $142,435,000 of series 2012B educational facilities revenue bonds on Tuesday, according to a preliminary official statement.

The bonds will be sold competitively with Public Resources Advisory Group as the financial adviser.

The bonds are due 2013 to 2042.

Proceeds will be used to purchase institutional notes to finance construction projects for the authority.

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