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Virginia Small Business to price $125 million for Hampton University
By Sheri Kasprzak
New York, Nov. 17 – The Virginia Small Business Authority plans to price $125 million of series 2014 refunding revenue bonds for Hampton University during the week of Nov. 17, according to a preliminary official statement.
The bonds (/A-/) will be sold through senior manager Rice Financial Products Co. with PNC Capital Markets LLC and SunTrust Robinson Humphrey as the co-managers.
The maturities have not been set.
Proceeds will be used to refund the university’s series 2008A revenue bonds, as well as to terminate a related swap agreement.
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