LINCOLN - Investors gobbled up more than a half-billion dollars in bonds issued by the University of Nebraska earlier this month to fund new construction projects and refinance hundreds of millions of dollars in existing debt.

The $563 million issued — the largest bond sale in university history — will pay for $130 million in new projects and allow NU to refinance $433 million in existing bonds, capitalizing on historically low interest rates to slash debt payments by nearly $14 million.

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