CHICAGO - Downtown Chicago-based Roosevelt University is planning to sell up to $210 million of new-money and refunding bonds later this year to raise funds for a new multi-use building that will include new student housing as part of its evolution from a commuter school to a residential urban campus.

Roosevelt in the fourth quarter plans to issue through the Illinois Finance Authority fixed-rate bonds to refund about $33 million of variable-rate debt from previous issues in 1995, 2000, and 2002. The university tentatively expects to pay about $2 million to cover the costs of terminating swaps and letters of credit tied to the debt.

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