TITLE / FINANCING NAME:
Massachusetts Development Finance Agency Revenue Bonds, Boston University, Series 2025A; and Refunding Revenue Bonds, Boston University Issue, Series 2025B
PRELIMINARY OFFICIAL STATEMENTS:
https://www.munios.com/munios-notice.aspx?e=5YBUL | https://www.munios.com/munios-notice.aspx?e=B40YA
PAR AMOUNT:
- *Series A: $300,000,000
- Series B: TBA
RATINGS:
- Moody’s: Aa3 (Stable Outlook)
- S&P: AA- (Positive Outlook)
In addition, the Series A Bonds will carry the highest short term ratings of VMIG 1/A-1+ (Moody’s/S&P) based upon the University’s ability to provide self liquidity.
SALE DATE:
- Series A: March 3, 2025
- Series B: In one of more series beginning February 6, 2025*
BOND TYPE:
Tax-Exempt Revenue Bonds
METHOD OF SALE:
Negotiated
UNDERWRITER REPRESENTATIVE:
Barclays Capital Inc.
Ji Bak, Director Public Finance – Higher Education and Not-for-Profit
ji.bak@barclays.com | 212-526-2355
FINANCIAL ADVISOR:
Yuba Group LLC
Roger Goodman, Partner
roger.goodman@yubagroup.com | 212-518-4618
*Preliminary, subject to change