N.J. to Join Federal Student Loan Program With $190M Sale
- With some investors, student loan debt no longer gets a gold star. Harris, Elizabeth E. // Bond Buyer;03/04/99, Vol. 327 Issue 30591, p6
Focuses on the lower grades given by some portfolio managers to United States student loan bonds. Impact of US President Bill Clinton's signing of the Higher Education Amendments of 1998; Changes in student loan issues; Strong credit quality; Less credit risk for investors; Major recent deals;...
- N.J. Higher Education to Issue $70M of Student Loan Bonds. Mercurio, Stephanie // Bond Buyer;05/18/2000, Vol. 332 Issue 30894, p4
Reports on the New Jersey Higher Education Assistance Authority's pending issuance of student loan bonds in May 2000. Amount of loanable funds that are expected to be generated to the New Jersey class loan program; Tentative pricing date; Expectation of strong institutional interest in the bonds.
- S.C. Links Yields to CP Rates In Student Loan Market First. DeSue, Tedra // Bond Buyer;07/27/2000, Vol. 333 Issue 30941, p1
Reports on the South Carolina Student Loan Corp.'s sale of taxable bonds indexed to three-month commercial paper rates, a first in the United States student loan industry. High yields offered to investors for a triple-A rated security; Floating-rate notes' finance of a portfolio of student loans.
- Massachusetts Moves Toward $400M Student Loan Bond Sale. Kaske, Michelle // Bond Buyer;8/15/2008, Vol. 365 Issue 32941, p20
The article reports on the decision of officials to move closer to selling a $400 million new money, student loan bond sale in Massachusetts. Moreover, they also hopes that the deal will gain as much investor interest as a recent New Jersey higher education loan transaction. Fixed-rate bonds...
- Nonprofit outfits brace for change to student loan index. McEntee, Christopher // Bond Buyer;03/05/98, Vol. 323 Issue 30344, p1
Reports on the dispute between nonprofit corporations that sell student loan bonds with US President Bill Clinton's administration and Congress over a proposed interest-rate formula. Potential effects of the proposal to the corporations' bond-backed programs and credit ratings; Position of the...
- Louisiana Agency Eyes Encroachment on Its Bond-Issuing Turf. DeSue, Tedra // Bond Buyer;05/10/2001, Vol. 336 Issue 31136, p4
Reports the observation of the Louisiana Public Facilities Authority (LPFA) on a bill limiting the ability of the agency to offer student loans. Implication for the Louisiana Trust Initiative Authority (LTIA); Debate over bill SB 630; Delimitation of LPFA power; Fear of the agency of sharing...
- Highly Rated Texas Aims to Improve Its Status as Higher-Ed Powerhouse. WILLIAMSON, RICHARD // Bond Buyer;6/21/2011, Vol. 376 Issue 33536, p8
The article reports that Texas government is likely to leverage its strong credit to raise its reputation in higher education with the introduction of 152 million dollars student loan bonds. The general obligation bonds will include 125 million dollars of new money and 27.73 million of refunding...
- Michigan Gears Up $168M Private Student Loan Bond. Colomer, Nora // Structuredfinancenews.com;10/31/2014, p2
The article discusses the plan of Michigan Finance Authority to issue student loan backed bonds worth 168 million dollars with a maturity of 15.7 years.
- Earnest Marketing its Fourth Offering of Refi Student Loan ABS. Bisbey, Allison // Structuredfinancenews.com;10/21/2016, p1
The article focuses on the launch by the online lending platform Earnest of its fourth offering of bonds backed by refinance student loans in 2016, according to credit rating agency DBRS.