Stanford University Sells $143 Million of 30-Year Taxable Bonds
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Stanford University sold $143 million of taxable, senior unsecured bonds due in 30 years, according to data compiled by Bloomberg.
Stanford, the fifth-richest U.S. school, issued the 4.013 percent notes due in May 2042 to yield 70 basis points more than similar-maturity Treasuries, Bloomberg data show. Goldman Sachs Group Inc. and Morgan Stanley managed the offering.