The University of Hawai'i system has successfully sold about $100 million in bonds and will use the proceeds for renovations, additions, campus development and refunding of debt issued at higher interest rates.

UH said more than half of the bonds were sold to individual investors and had a yield ranging from 0.95 percent to 5.5 percent with a final maturity of )ct. 1, 2038.

Projects funded by the sale included a $16.5 million renovation of UH Manoa student housing, a $22.5 million addition to the Biomed Building on the Manoa campus, $7 million for a UH Hilo Bookstore Campus Center addition, and $20 million for the development of a Kapolei campus.

About $13.3 million will refund bonds issued in 1995 for a faculty housing project.