Arizona State University Plans $317M Bond Sale for Infrastructure Projects

Dow Jones

2025/08/20

By Paulo Trevisani

Arizona State University plans to issue $317 million in revenue bonds to fund infrastructure projects.

The System Revenue Bonds include $301.9 million in tax-exempt Series 202 5A bonds and $15.16 million in taxable Series 2025 B bonds, according to a preliminary statement published Monday on MuniOS.

Pricing is scheduled for August 26 and closing on September 16, according to the roadshow document. Maturity dates for both series range from 2026 to 2046.

Proceeds will be used for upgrades, including a new research and education building, construction of a utility plant and a power distribution center, and improvements to the information technology infrastructure. A portion of the money raised from the sale will also be used refund debt sold in 2015 and 2016, and to pay issuance costs.

The bonds are payable from the university's gross revenue. Net revenue available for debt service totalled $2.57 billion in the latest fiscal year, ended June 30, 2024.

The multi-campus university is located in the Phoenix metropolitan area, which includes a campus in the City of Tempe. Its total enrollment for the 2024 fall semester was 152,864, which included 71,965 students enrolled in programs that are completely online.

The bonds are rated Aa2 by Moody's and AA by S&P.

Morgan Stanley is the lead underwriter.

Write to Paulo Trevisani at paulo.trevisani@wsj.com

(END) Dow Jones Newswires

August 19, 2025 17:56 ET (21:56 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求，你需要登录查看该内容

登录 / 注册

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2560111022"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2560111022\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2560111022?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-20 05:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2560111022","market":"fut","top_or_hot":-1,"title":"Arizona State University Plans $317M Bond Sale for Infrastructure Projects","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Paulo Trevisani \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Arizona State University plans to issue $317 million in revenue bonds to fund infrastructure projects. \n</p>\n<p>\n  The System Revenue Bonds include $301.9 million in tax-exempt Series 202 5A bonds and $15.16 million in taxable Series 2025 B bonds, according to a preliminary statement published Monday on MuniOS. \n</p>\n<p>\n  Pricing is scheduled for August 26 and closing on September 16, according to the roadshow document. Maturity dates for both series range from 2026 to 2046. \n</p>\n<p>\n  Proceeds will be used for upgrades, including a new research and education building, construction of a utility plant and a power distribution center, and improvements to the information technology infrastructure. A portion of the money raised from the sale will also be used refund debt sold in 2015 and 2016, and to pay issuance costs. \n</p>\n<p>\n  The bonds are payable from the university's gross revenue. Net revenue available for debt service totalled $2.57 billion in the latest fiscal year, ended June 30, 2024. \n</p>\n<p>\n  The multi-campus university is located in the Phoenix metropolitan area, which includes a campus in the City of Tempe. Its total enrollment for the 2024 fall semester was 152,864, which included 71,965 students enrolled in programs that are completely online. \n</p>\n<p>\n  The bonds are rated Aa2 by Moody's and AA by S&amp;P. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> is the lead underwriter. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Paulo Trevisani at paulo.trevisani@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 19, 2025 17:56 ET (21:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Arizona State University Plans $317M Bond Sale for Infrastructure Projects</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArizona State University Plans $317M Bond Sale for Infrastructure Projects\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-08-20 05:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Paulo Trevisani \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Arizona State University plans to issue $317 million in revenue bonds to fund infrastructure projects. \n</p>\n<p>\n  The System Revenue Bonds include $301.9 million in tax-exempt Series 202 5A bonds and $15.16 million in taxable Series 2025 B bonds, according to a preliminary statement published Monday on MuniOS. \n</p>\n<p>\n  Pricing is scheduled for August 26 and closing on September 16, according to the roadshow document. Maturity dates for both series range from 2026 to 2046. \n</p>\n<p>\n  Proceeds will be used for upgrades, including a new research and education building, construction of a utility plant and a power distribution center, and improvements to the information technology infrastructure. A portion of the money raised from the sale will also be used refund debt sold in 2015 and 2016, and to pay issuance costs. \n</p>\n<p>\n  The bonds are payable from the university's gross revenue. Net revenue available for debt service totalled $2.57 billion in the latest fiscal year, ended June 30, 2024. \n</p>\n<p>\n  The multi-campus university is located in the Phoenix metropolitan area, which includes a campus in the City of Tempe. Its total enrollment for the 2024 fall semester was 152,864, which included 71,965 students enrolled in programs that are completely online. \n</p>\n<p>\n  The bonds are rated Aa2 by Moody's and AA by S&amp;P. \n</p>\n<p>\n  <a href=\"https://laohu8.com/S/MTK\">Morgan Stanley</a> is the lead underwriter. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Paulo Trevisani at paulo.trevisani@wsj.com \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 19, 2025 17:56 ET (21:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0034235188.USD","symbol_name":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2560111022","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560111022","pubTimestamp":1755640560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Arizona State University plans to issue $317 million in revenue bonds to fund infrastructure projects.The System Revenue Bonds include $301.9 million in tax-exempt Series 202 5A bonds and $15.16 million in taxable Series 2025 B bonds, according to a preliminary statement published Monday on MuniOS.Pricing is scheduled for August 26 and closing on September 16, according to the roadshow document. Maturity dates for both series range from 2026 to 2046.Proceeds will be used for upgrades, including a new research and education building, construction of a utility plant and a power distribution center, and improvements to the information technology infrastructure. A portion of the money raised from the sale will also be used refund debt sold in 2015 and 2016, and to pay issuance costs.The bonds are payable from the university's gross revenue. Net revenue available for debt service totalled $2.57 billion in the latest fiscal year, ended June 30, 2024.The multi-campus university is located in ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","LU2023251221.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (USD) INC","LU2111349929.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AM\" (HKD) INC","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU1732800096.USD":"摩根大通环球收益基金A (irc)","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU1732799900.SGD":"JPMorgan Investment Funds - Global Income A (irc) SGD-H","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","BK4581":"高盛持仓","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2028103732.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"AMG\" (USD) INC","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1548497426.USD":"安联环球人工智能AT Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0971096721.USD":"富达环球金融服务 A","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","BK4585":"ETF&股票定投概念","LU0912757837.SGD":"JPMorgan Investment Funds - Global Income A (mth) SGD-H","BK4127":"投资银行业与经纪业","STT":"道富银行","LU0106831901.USD":"贝莱德世界金融基金A2","LU0314104364.USD":"MANULIFE GF AMERICAN GROWTH \"AA\" (USD) INC","LU2347655156.SGD":"JPMorgan Investment Funds - Global Income A (icdiv) SGD-H","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4516":"特朗普概念","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","BK4135":"资产管理与托管银行"},"translate_title":"亚利桑那州立大学计划为基础设施项目发行3.17亿美元债券","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US2Y.BOND":1,"US7Y.BOND":1,"US12M.BOND":1,"US5Y.BOND":1,"US3Y.BOND":1,"STT":1,"US30Y.BOND":1,"US6M.BOND":1,"US10Y.BOND":1},"content_text":"By Paulo Trevisani \n\n\n \n\n\n  Arizona State University plans to issue $317 million in revenue bonds to fund infrastructure projects. \n\n\n  The System Revenue Bonds include $301.9 million in tax-exempt Series 202 5A bonds and $15.16 million in taxable Series 2025 B bonds, according to a preliminary statement published Monday on MuniOS. \n\n\n  Pricing is scheduled for August 26 and closing on September 16, according to the roadshow document. Maturity dates for both series range from 2026 to 2046. \n\n\n  Proceeds will be used for upgrades, including a new research and education building, construction of a utility plant and a power distribution center, and improvements to the information technology infrastructure. A portion of the money raised from the sale will also be used refund debt sold in 2015 and 2016, and to pay issuance costs. \n\n\n  The bonds are payable from the university's gross revenue. Net revenue available for debt service totalled $2.57 billion in the latest fiscal year, ended June 30, 2024. \n\n\n  The multi-campus university is located in the Phoenix metropolitan area, which includes a campus in the City of Tempe. Its total enrollment for the 2024 fall semester was 152,864, which included 71,965 students enrolled in programs that are completely online. \n\n\n  The bonds are rated Aa2 by Moody's and AA by S&P. \n\n\nMorgan Stanley is the lead underwriter. \n\n\n \n\n\n  Write to Paulo Trevisani at paulo.trevisani@wsj.com \n\n\n  (END) Dow Jones Newswires\n\n\n  August 19, 2025 17:56 ET (21:56 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}