Vermont Educational plans $80 million University of Vermont Medical deal

By Sheri Kasprzak

New York, Jan. 12 – The Vermont Educational and Health Buildings Finance Agency is on tap to price $80 million of series 2016A revenue bonds for the University of Vermont Medical Center project, according to a preliminary official statement.

The bonds (A3/A-/A-) will be sold through senior manager Citigroup Global Markets Inc.

The maturities have not been set.

Proceeds will be used to refund the agency’s series 2004B variable-rate bonds and series 2007A revenue bonds.

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