Northwestern University Plans $300M Bond Sale for Capital Projects

Dow Jones

Mar 06, 2025

By Paulo Trevisani

Northwestern University plans to issue $300 million in taxable fixed-rate bonds to finance capital projects.

The proceeds will support general corporate purposes, including funding certain unspecified capital projects on Northwestern's campuses, according to documents posted Tuesday on MuniOs.

The taxable Series 2025 bonds will pay interest every six months, starting Dec. 1, 2025. Specific yields and coupons weren't available.

The securities are expected to be issued this month. They mature in 2035 and are payable by funds deposited by the university with the trustee. They aren't backed by a reserve fund or mortgage lien.

Northwestern reported operating revenues of $3.3 billion in fiscal 2024.

The bond is rated Aa1 by Moody's and AA+ by S&P.

Barclays and Siebert Williams Shank are lead managers for the issuance.

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

(END) Dow Jones Newswires

March 05, 2025 12:15 ET (17:15 GMT)

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

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2517942417"},"companyName":"Tiger Brokers"},"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:\"2517942417\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2517942417?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-06 01:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2517942417","market":"sg","top_or_hot":-1,"title":"Northwestern University Plans $300M Bond Sale for Capital Projects","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Paulo Trevisani \n</p>\n<pre>\n \n</pre>\n<p>\n  Northwestern University plans to issue $300 million in taxable fixed-rate bonds to finance capital projects. \n</p>\n<p>\n  The proceeds will support general corporate purposes, including funding certain unspecified capital projects on Northwestern's campuses, according to documents posted Tuesday on MuniOs. \n</p>\n<p>\n  The taxable Series 2025 bonds will pay interest every six months, starting Dec. 1, 2025. Specific yields and coupons weren't available. \n</p>\n<p>\n  The securities are expected to be issued this month. They mature in 2035 and are payable by funds deposited by the university with the trustee. They aren't backed by a reserve fund or mortgage lien. \n</p>\n<p>\n  Northwestern reported operating revenues of $3.3 billion in fiscal 2024. \n</p>\n<p>\n  The bond is rated Aa1 by Moody's and AA+ by S&amp;P. \n</p>\n<p>\n  Barclays and Siebert Williams Shank are lead managers for the issuance. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Paulo Trevisani at paulo.trevisani@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 12:15 ET (17:15 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>Northwestern University Plans $300M Bond Sale for Capital 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\">\nNorthwestern University Plans $300M Bond Sale for Capital 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\">2025-03-06 01:15</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>\n \n</pre>\n<p>\n  Northwestern University plans to issue $300 million in taxable fixed-rate bonds to finance capital projects. \n</p>\n<p>\n  The proceeds will support general corporate purposes, including funding certain unspecified capital projects on Northwestern's campuses, according to documents posted Tuesday on MuniOs. \n</p>\n<p>\n  The taxable Series 2025 bonds will pay interest every six months, starting Dec. 1, 2025. Specific yields and coupons weren't available. \n</p>\n<p>\n  The securities are expected to be issued this month. They mature in 2035 and are payable by funds deposited by the university with the trustee. They aren't backed by a reserve fund or mortgage lien. \n</p>\n<p>\n  Northwestern reported operating revenues of $3.3 billion in fiscal 2024. \n</p>\n<p>\n  The bond is rated Aa1 by Moody's and AA+ by S&amp;P. \n</p>\n<p>\n  Barclays and Siebert Williams Shank are lead managers for the issuance. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Paulo Trevisani at paulo.trevisani@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 12:15 ET (17:15 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":"NWE","symbol_name":"NorthWestern Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517942417","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517942417","pubTimestamp":1741194900,"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":"Northwestern University plans to issue $300 million in taxable fixed-rate bonds to finance capital projects.The proceeds will support general corporate purposes, including funding certain unspecified capital projects on Northwestern's campuses, according to documents posted Tuesday on MuniOs.The taxable Series 2025 bonds will pay interest every six months, starting Dec. 1, 2025. Specific yields and coupons weren't available.The securities are expected to be issued this month. They mature in 2035 and are payable by funds deposited by the university with the trustee. They aren't backed by a reserve fund or mortgage lien.Northwestern reported operating revenues of $3.3 billion in fiscal 2024.The bond is rated Aa1 by Moody's and AA+ by S&P.Barclays and Siebert Williams Shank are lead managers for the issuance.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NWE":"NorthWestern Corp","BK4208":"复合型公用事业"},"translate_title":"西北大学计划发行3亿美元债券用于资本项目","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US6M.BOND":1,"US10Y.BOND":1,"US7Y.BOND":1,"US30Y.BOND":1,"US12M.BOND":1,"US3Y.BOND":1,"US2Y.BOND":1,"US5Y.BOND":1,"NWE":1},"content_text":"By Paulo Trevisani \n\n\n \n\n\n  Northwestern University plans to issue $300 million in taxable fixed-rate bonds to finance capital projects. \n\n\n  The proceeds will support general corporate purposes, including funding certain unspecified capital projects on Northwestern's campuses, according to documents posted Tuesday on MuniOs. \n\n\n  The taxable Series 2025 bonds will pay interest every six months, starting Dec. 1, 2025. Specific yields and coupons weren't available. \n\n\n  The securities are expected to be issued this month. They mature in 2035 and are payable by funds deposited by the university with the trustee. They aren't backed by a reserve fund or mortgage lien. \n\n\n  Northwestern reported operating revenues of $3.3 billion in fiscal 2024. \n\n\n  The bond is rated Aa1 by Moody's and AA+ by S&P. \n\n\n  Barclays and Siebert Williams Shank are lead managers for the issuance. \n\n\n \n\n\n  Write to Paulo Trevisani at paulo.trevisani@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2025 12:15 ET (17:15 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"}}}