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Liberty University announces historic bond sale

December 08, 2010  |  Liberty University News Office
Chancellor Jerry Falwell, Jr. announces the news to the local media Wednesday morning.

Liberty University on Tuesday sold $120 million worth of tax-exempt education facilities bonds, which will allow the Lynchburg-based college to usher in a new era of growth and development.

Chancellor Jerry Falwell, Jr. and a contingent of Liberty officials traveled to New York for the sale and pricing of the bonds at its initial public bond offering.

Liberty benefits from a recently acquired AA bond rating from Standard & Poor’s, placing it among the nation’s top 44 S&P-rated colleges and universities for financial strength.

Read the full story at www.liberty.edu/news.

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