New England Universities Turn to Bonding to Face Challenges

O'brien, Elizabeth
January 2005
Bond Buyer;1/3/2005, Vol. 351 Issue 32041, p36
Trade Publication
The article focuses on the sale of bonds by the top colleges and universities of New England to meet the challenges. Although New England remains a bastion of top colleges and universities, aging facilities and flat demographics spell particular challenges for the region's schools in the coming years. A survey conducted last fall found that the six state university systems in New England have short and medium-term plans to sell billions of dollars in bonds. The spate of bonding comes as universities work to renovate or replace facilities constructed between 1950 and 1970.


Related Articles

  • KANSAS: Higher Ed Upgrades Kick Off. Watts, Jim // Bond Buyer;9/25/2007, Vol. 361 Issue 32720, p9 

    The article reports on the developments of the upgrade efforts worth $392 million to finance colleges and universities in Kansas. The funds, which will be sold by the Kansas Development Finance Authority, is provided by lawmakers as part of the $100 million bond program. The plan will involve a...

  • Rutgers Sets First-Ever Variable-Rate Deal. Braun, Martin Z. // Bond Buyer;2/4/2002, Vol. 339 Issue 31317, p4 

    Reports on the sale of multimillion dollars worth of general obligation refunding bonds by Rutgers University in New Jersey, in an effort to diversify its debt portfolio. Functions to be performed from the proceeds from the sale; Underwriter for the deal; Anticipation of moderate additional...

  • Florida's NSU Selling $98M for University Center Project. Sigo, Shelly // Bond Buyer;3/29/2006, Vol. 355 Issue 32349, p36 

    The article reports that the Nova Southern University in Florida has sold educational facilities revenue bonds through the Broward County Educational Facilities Authority. Proceeds of this bond are to be used for the completion of the University Center. It will also be used to finance the...

  • University of Michigan Readies $224.5 Million Deal. Devitt, Caitlin // Bond Buyer;2/20/2008, Vol. 363 Issue 32819, p32 

    The article announces the sale of $224.5 million of variable-rate general revenue bonds on March 5, 2008 week by the University of Michigan. The bonds will be sold in two series, one that will reset weekly and one daily. Proceeds from the sale will help finance a series of campus improvements,...

  • Phoenix Voters Today Face $878.5 Million GO Question. Watts, Jim // Bond Buyer;3/14/2006, Vol. 355 Issue 32338, p31 

    The article reports on the vote in Phoenix, Arizona on proposal to issue 878.5 million dollars of general obligation bonds over the next five years. The bond package is divided into seven propositions that will be voted on separately. About 23 million dollar of the package is dedicated to...

  • California Religious Schools Turn to Colorado Conduit.  // Bond Buyer;12/2/2005, Vol. 354 Issue 32270, p40 

    The article focuses on the plans by California religious schools to issue bonds through the Colorado Conduit. Colorado law authorizes the CECFA to issue debt for out-of-state entities in conjunction with the state. Concordia, like several other California schools with religious affiliations,...

  • The Little Department That Could. Sausner, Rebecca // University Business;Oct2003, Vol. 6 Issue 10, p50 

    Discusses the significance of Auxiliary Services departments, which manage the campus facilities portfolio, to the administration and operation of universities and colleges in the U.S. Strategies for increasing return on auxiliary services; Benefits of Auxiliary Services departments to schools;...

  • Cal State University System Raised to Aa3 by Moody's. Cohen, Jackie // Bond Buyer;2/13/2007, Vol. 359 Issue 32567, p39 

    The article reports that Moody's Investors Service has upgraded its underlying rating for California State University's (CSU) system-wide revenue bonds to Aa3 from A1 ahead of a $300 million-plus bond sale. According to analyst Susan Fitzgerald, the main reason for the upgrade is the system's...

  • Report: Kansas Should Drop Opposition to Issuing GO Debt. Watts, Jim // Bond Buyer;1/26/2006, Vol. 355 Issue 32306, p4 

    The article reports on the need for Kansas to drop its reluctance to issue voter-approved general obligation bonds. The state also needs to adopt a set of policies to guide state debt issuance and management. The recommendation is made by the Kansas Public Financing Center at Wichita State...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics