Harvard Borrowing $400 Million to Aid Scaled-Back Expansion 2010-01-12 05:01:00.11 GMT By Michael McDonald and Jeremy R. Cooke Jan. 12 (Bloomberg) -- Harvard University, which has almost doubled its debt burden in three years, begins selling about $400 million of tax-exempt bonds today as it finances part of a scaled-back campus expansion plan. Harvard, the world’s richest college, will use the proceeds to finance capital projects including a new law school building in Cambridge, Massachusetts, preliminary offering documents show. The university also intends to refinance a portion of its debt, whi
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