University of Richmond Secures Over $100M in Tax-Exempt Bonds; Borrowing Reflects UR's Financial Stability
March 20, 2024
March 20, 2024
RICHMOND, Virginia, March 20 -- The University of Richmond issued the following news release:
The University of Richmond has secured $100,545,000 million in tax-exempt bonds for capital projects. The bonds -- issued through the Virginia College Building Authority -- went to market in late February, were highly sought after by investors, and outperformed expectations.
Bank of America served as the senior manager of the bond transaction, with Davenport & Company LLC, . . .
The University of Richmond has secured $100,545,000 million in tax-exempt bonds for capital projects. The bonds -- issued through the Virginia College Building Authority -- went to market in late February, were highly sought after by investors, and outperformed expectations.
Bank of America served as the senior manager of the bond transaction, with Davenport & Company LLC, . . .