DALLAS – Tulane University in New Orleans will finance the next phase of its post-hurricane renewal effort with Wednesday’s negotiated sale of $98.6 million of revenue bonds.

The private university adopted a recovery plan after suffering an estimated $650 million of damage and losses from Hurricanes Katrina and Rita in 2005. Projects funded with proceeds from this week’s sale include a new football stadium, a 256-bed residential hall, and infrastructure renewal at the campus in New Orleans’s Uptown.

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