CHICAGO – Triple-A Northwestern University in Illinois plans to offer as soon as Wednesday nearly $600 million of taxable debt to raise new money for ongoing capital work and refund some now callable debt for savings.

Morgan Stanley and Wells Fargo Securities are joint bookrunners with Bank of America Merrill Lynch and Loop Capital Markets LLC rounding out the team. William Blair & Co. is financial advisor and the university’s special counsel for the transaction is Schiff Hardin LLP with Jones Day serving as underwriters counsel.

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