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Harvard Bond Offering Falls Nearly $16 Million Short of Goal

Harvard Bond Offering Falls Nearly $16 Million Short of Goal

Plus, Al Jazeera-loving Columbia dean asks press to boycott Trump

Ira Stoll's avatar
Ira Stoll
Mar 12, 2025
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The Editors
The Editors
Harvard Bond Offering Falls Nearly $16 Million Short of Goal
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Final offering documents for Harvard’s latest tax-exempt bonds.

Harvard University managed to borrow $434,080,000 in its latest bond offering—$15,920,000 less than the $450 million it originally aimed for.

A “preliminary official statement” dated February 27, 2025, referred to $450 million in Massachusetts Development Finance Agency revenue bonds that, at closing, would bring Harvard’s total debt to $7.2 billion from the $6.8 billion it owed at the end of June, 2024, and up from the $5.9 billion it owed at the end of June 2023.

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