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Final Four Contender UConn to Begin $220 Million Muni Sale Today

The University of Connecticut plans to sell $220 million of municipal bonds starting today as its teams are set to play this weekend in the Final Four of the men’s and women’s national college basketball tournaments.

Officials decided on the timing of the tax-exempt offering before the tournament began March 18, said John Sullivan, the university’s manager of treasury services. The school will resume the deal April 7, the day of the men’s national championship game. The school will wrap up the sale April 8, when its women’s team has a shot at being crowned winner for the second-straight year and eighth time since 2000.