CHICAGO - Buoyed by healthy finances despite a slight cut in state appropriations, Indiana University will enter the market today with $75 million of double-A rated revenue bonds that will help finance its capital improvement plans.

The fixed-rate consolidated revenue bonds are being issued under a new indenture that the university established last year as one of two main credit indentures designed to streamline its debt portfolio. All of the school's nearly $900 million of outstanding debt is in fixed-rate mode, which translates into an attractively low cost of capital for the school, according to treasurer MaryFrances McCourt.

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