NPR Puts Bonds On Sale

$160 Million In Bonds

TODAY is the day that NATIONAL PUBLIC RADIO is putting $160 million in tax-exempt fixed rate bonds on the market. 

The municipal bonds, which were graded AA- by STANDARD AND POOR'S and Aa3 by MOODY'S INVESTOR SERVICE, are intended to finance construction of its new headquarters in WASHINGTON. Construction is planned to start later this year for completion in 2013.

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