Arizona Regents Ready $113M COP Sale for Bioscience

Albanese, Elizabeth
January 2005
Bond Buyer;1/4/2005, Vol. 351 Issue 32042, p24
Trade Publication
The article reports that the Arizona Board of Regents will offer $113 million certificates of participation backed by a special revenue stream approved by the state legislature two years ago. The debt issue is tentatively scheduled for January 10, 2005. Proceeds from the issue will finance three research buildings for the Arizona State University. Also, proceeds from the certificates will finance buildings that will support bioscience research that could also prove to be an economic development tool for the region.


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