Oakland University's NCAA basketball upset boosts bond deal momentum for $18.5M offering.

Oakland University's NCAA basketball upset against University of Kentucky has boosted its bond deal. The college's vice president for finance & administration, Stephen Mackey, said the school's heightened name recognition will help draw investors for the $18.5 million bond offering. Oakland University is selling municipal bonds next week, leveraging the momentum and recognition gained from the unexpected win.

April 05, 2024
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