Emory Floats $1 Billion Bond Sale for Campus, Hospital Projects
By and Aashna Shah
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Emory University is considering borrowing more than $1 billion of municipal debt to finance projects for its campus and hospital system.
The bond sale for the Atlanta-based private institution is expected in mid-June and will be managed by an underwriting group led by RBC Capital Markets, according to a securities filing that outlined the potential borrowing plan. The tax-exempt debt, which would be issued through Georgia's Private Colleges and Universities Authority, would also refinance outstanding obligations.
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