The Dormitory Authority of the State of New York sold $140 million of new-money and refunding revenue bonds for triple-A rated Columbia University on Wednesday, after retail priced the same day.

About half of the proceeds will be used to refund outstanding bonds and the other half will go toward financing various renovation projects located on the Morningside campus in Manhattan, the university’s Medical Center and the Manhattanville campus in West Harlem.

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