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Bond Refundingapproved

pennsylvania-state-system-of-higher-education-central-office-agenda-2021-02-04_487.pdf

Bond Refunding: System to save $19 million

$19,000,000Pennsylvania State System Of Higher Education-Central OfficePENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITYFebruary 4, 2021

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Pennsylvania Higher Educational Facilities Authority is set to issue refunding bonds, potentially saving the State System $19 million. This move allows the System to leverage current interest rates to reduce expenses.

Contract Details

Contract Amount

$19,000,000

Vendor

PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY

Agency

Pennsylvania State System Of Higher Education-Central Office, PA

Contract Type

Bond Refunding

Document Date

February 4, 2021

Contract Term

NA

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