Regents of the Univ. of Calif to sell $1.5 bln bonds & notes
Feb 21 (Reuters) - The Regents of the University of California is planning to sell $1.5 billion of tax-exempt and taxable debt, market sources said on Thursday.
On Feb. 28, the university will sell $800 million of tax-exempt and $500 million of taxable general revenue bonds through lead manager J.P. Morgan.
The deal will have a one-retail period on Feb. 27.
During the week of March 3, the university will also sell $286 million of taxable fixed-rate notes via lead manager Bank of America Merrill Lynch.
A day for the sale has yet to be determined.