Restructuring Portfolio, Penn State to Sell $75 Million in Variable-Rate Debt

Higginbotham, Stacey
March 2001
Bond Buyer;03/23/2001, Vol. 335 Issue 31103, p3
Trade Publication
Announces Pennsylvania State University's move to sell millions of dollars in variable-rate debt in March 2001 through PNC Capital Markets. Estimate debt portfolio of the university; Standard & Poor's director, Mary Pelquin-Dodd's observation that issuance of variable-rate securities is becoming common for schools; Advice from Pam Clayton of Pitch for schools issuing variable-rate debt.


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