Maine Health to price $117.94 million bonds Wednesday for Bowdoin College

By Sheri Kasprzak

New York, April 6 - The Maine Health and Higher Educational Facilities Authority plans to price $117.94 million in series 2009 revenue bonds for Bowdoin College on Wednesday, according to a bond calendar.

The bonds (Aa2) will be sold through Barclays Capital Corp. with Cain Brothers, Merrill Lynch & Co., Morgan Stanley & Co. Inc. and Wachovia Bank.

The sale includes $99.015 million in series 2009A bonds and $18.925 million in series 2009B bonds. Both bonds are due 2039.

Proceeds will be used to finance capital projects and to refinance the college's series 1995B, 1998A and 1998C bonds.

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