Michigan State Successfully Issues Innovative and Strategic Century Bond
March 05, 2022
March 05, 2022
EAST LANSING, Michigan, March 5 (TNSOps) -- Michigan State University issued the following news:
Michigan State University has successfully issued $500 million in century bonds at a yield to maturity of 4.165%. A century bond is an innovative security with a final maturity in 100 years offered to select and highly rated institutions. The century bond structure provides MSU with greater flexibility to use the proceeds to support a variety of priority projects and initiatives.
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Michigan State University has successfully issued $500 million in century bonds at a yield to maturity of 4.165%. A century bond is an innovative security with a final maturity in 100 years offered to select and highly rated institutions. The century bond structure provides MSU with greater flexibility to use the proceeds to support a variety of priority projects and initiatives.
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