University of Washington to Offer $211.8M in General Revenue, Refunding Bonds

Dow Jones

02-07

By Chris Wack

The University of Washington is selling $211.8 million in general revenue and refunding bonds.

The proceeds from the 2025 A bonds will be used to pay for costs or refinance university projects, and refund certain outstanding obligations, according to a preliminary official statement posted Wednesday on MuniOS.

The bonds will mature April 1 of each year, from 2026 to 2045.

The bonds are special fund obligations of the university, payable solely from general revenue and money and investments that are deposited into a special fund designated as the General Revenue Bond Redemption Fund, 2025 A. A portion of debt service will be paid from building fees and money and investments in the University of Washington Bond Retirement Fund.

Moody's assigned a rating of Aa1 to the debt. S&P Global Rating gave it an AA+ rating.

Goldman Sachs and Barclays are the lead underwriters on the transaction.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

February 06, 2025 13:15 ET (18:15 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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S&amp;P Global Rating gave it an AA+ rating. \n</p>\n<p>\n  Goldman Sachs and Barclays are the lead underwriters on the transaction. \n</p>\n<p>\n  Write to Chris Wack at chris.wack@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 13:15 ET (18:15 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"WASH","symbol_name":"华盛顿信托银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509700202","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509700202","pubTimestamp":1738865700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The University of Washington is selling $211.8 million in general revenue and refunding bonds.The proceeds from the 2025 A bonds will be used to pay for costs or refinance university projects, and refund certain outstanding obligations, according to a preliminary official statement posted Wednesday on MuniOS.The bonds will mature April 1 of each year, from 2026 to 2045.The bonds are special fund obligations of the university, payable solely from general revenue and money and investments that are deposited into a special fund designated as the General Revenue Bond Redemption Fund, 2025 A. 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