The Massachusetts Health and Educational Facilities Financing Authority last week approved up to $275 million of new-money borrowing for the Massachusetts Institute of Technology.

The Series 2008O fixed-rate bonds are expected to sell this month with Barclays Capital and Morgan Stanley pricing the debt. Maturities could run through 40 years.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.