Word: saleã
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Harvard’s latest bond sale brought the school’s outstanding debt to $6.5 billion dollars, a debt load comparable to that of the city of Chicago. Proceeds from the sale??which attracted a mix of investors including high net worth individuals, hedge funds, and insurance companies—will be used to fund a building project at the Law School and to refinance previously issued University debt...
Executives at Barclays—which headed a group of five investment banks that managed the bond sale??said in interviews with The Crimson last week that Harvard’s bonds were particularly appealing to investors given the University’s excellent credit rating and its strong reputation in the market. A high level of demand tends to drive down the yield on bonds...
Harvard’s plans to sell a 62.5-acre parcel of land to the Town of Weston, Mass. have been temporarily derailed after engineers discovered high levels of lead and arsenic in the soil, and the sale??nearly a month overdue—has been put on hold until the University’s cleanup of the land...
...says. “So a lot of men and women will sneak out of their office during the day just to attend one.” Maybank smiled. “It creates this kind of hysteria.” The sample sale??and its hysteria—inspired Maybank and Wilson to start Gilt Groupe...
...offensive publicity stunts to express political opposition to affirmative action and similar policies (“Whites-Only Rule at B.U. Is Booed,” news, Nov. 22) is nothing new. In 2004, an “affirmative action bake sale?? held at Columbia demonstrated a similarly disturbing trend of parody and ignorance, rather than informed debate, about important issues related to race relations in higher education. While events such as these do, of course, provoke dialogue (at Columbia, it contributed to the founding of our Office of Multicultural Affairs), they also trivialize matters that are deserving...