Bond Sale Announcements
TITLE: Massachusetts Development Finance Agency Revenue Bonds, Boston University, Series 2025A, and Refunding Revenue Bonds, Boston University Issue, Series 2025B
PAR AMOUNT: *Series A: $300,000,000 and Series B: To be announced.
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:
Contact:
Ji Bak, Director Public Finance – Higher Education and Not-for-Profit
Barclays Capital Inc.
ji.bak@barclays.com
212-526-2355
FINANCIAL ADVISOR:
Contact:
Roger Goodman, Partner
Yuba Group LLC
roger.goodman@yubagroup.com
212-518-4618
OFFICIAL STATEMENT: Preliminary Official Statement Series A and Preliminary Official Statement Series B
*Preliminary, subject to change