Harrisburg University sells $100 million in university revenue bonds to help construct its new 11-story tower
Updated Jan 13, 2021;
Harrisburg University of Science and Technology announced on Wednesday that it had sold $100 million in university revenue bonds.
The money is being used for the construction of its new health science and advanced manufacturing educational facility at Third and Chestnut streets in Harrisburg.
The bonds were issued through the Dauphin County General Authority and marketed and sold by RBC Capital markets. The school said that buyers of the new tax-exempt bonds are “global sophisticated investment firms”.
“This sale demonstrates the confidence of smart institutional investors in Harrisburg University’s fiscal stability, and in the future of health care and advanced manufacturing as economic drivers in the central Pennsylvania region,” Eric Darr, president of Harrisburg University said in a press release.
At the end of the day, pharmacists are often left with a few extra doses. Many are taking measures into their own hands to ensure those doses don’t go to waste.
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