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Mississippi State University Building arranges $61.05 million offering
By Sheri Kasprzak
New York, March 23 – The Mississippi State University Educational Building Corp. is expected to price $61,045,000 of series 2015 campus improvement revenue bonds on Tuesday, said a preliminary official statement.
The bonds (Aa2/AA/) will be sold on a negotiated basis with Raymond James/Morgan Keegan and Morgan Stanley & Co. LLC as the senior managers.
The bonds are due 2015 to 2034.
Proceeds will be used to construct, equip and furnish residence halls and a Center for America’s Vets, as well as to demolish abandoned facilities at the university in Starkville.
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