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The bonds are expected to price on May 8 and the deal is expected to close May 20.Money from the sale will be primarily used to purchase, renovate, furnish and equip a building at 101 Tremont Street in Boston. The university plans to convert the office building into at 280-bed student residence hall. Proceeds will also be used for capital improvements, and refund, defease and cancel some existing debt.Interest will be paid semi-annually starting on Jan. 1, 2026. The serial bonds mature from 2039 through 2045, and the term bonds in 2050 and 2055, although that is subject to change.The bonds will be secured by a lien upon the university's tuition receipts and tuition receivables.Founded in 1906, Suffolk's mai","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["SCNB"],"gpt_icon":0},{"id":"2527842174","title":"For Earth Day, Free Tree Event Helps Suffolk Residents Save on Energy Costs","url":"https://stock-news.laohu8.com/highlight/detail?id=2527842174","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527842174?lang=en_us&edition=fundamental","pubTime":"2025-04-16 02:11","pubTimestamp":1744740660,"startTime":"0","endTime":"0","summary":"PSEG Long Island and Suffolk County join forces for the popular Energy-Saving Trees giveaway. 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