Clemson, with more than 16,000 undergraduates, will also issue $191 million of bonds to fund student housing, a bookstore and dining facilities, according to offering documents. Moody’s Investors Service rates those securities Aa2, the third-highest grade. The football-center debt is ranked Aa3, one step lower.

Brett Dalton, Clemson’s vice president for finance and operations, didn’t immediately return a voicemail left at his office seeking comment.

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