Virginia College Building Authority to sell $160.45 million of revenue refunding bonds

By Sheri Kasprzak

New York, March 2 - The Virginia College Building Authority is expected to price $160,445,000 of series 2012A educational facilities revenue refunding bonds on Tuesday, said a preliminary official statement.

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

The bonds are due 2014 to 2030.

Proceeds will be used to refund debt issued for Christopher Newport University, College of William & Mary, George Mason University, Longwood University, Norfolk State University, Old Dominion University, University of Mary Washington, Virginia Commonwealth University, Virginia Community College System, Virginia Polytechnic Institute and State University and Virginia State University.

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