Virginia College Building to sell $320.74 million of bonds on Tuesday

By Sheri Kasprzak

New York, April 12 - The Virginia College Building Authority is prepared to price $320.74 million of 21st Century Colleges and Equipment Programs series 2012A educational facilities revenue bonds on Tuesday, according to a preliminary official statement.

The bonds will be sold on a competitive basis with First Southwest Co. as the financial adviser.

The bonds are due 2013 to 2032.

Proceeds will be used to finance capital improvements and equipment purchases and higher educational facilities within the commonwealth.

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