New Jersey Health Care Facilities Financing Authority (NJHCFFA) Awards $116,230,000 Financial Services Contract to Bofa Securities (August 2026)

The New Jersey Health Care Facilities Financing Authority awarded BofA Securities the underwriting role for $116.23 million in Series 2026C tax-exempt bonds for the University of Pennsylvania Health System and Princeton Healthcare System. The transaction closed August 4, 2026, with proceeds used to refund Series 2016A bonds and pay issuance costs.

Document date · August 27, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$116,230,000

Contract type

FINANCIAL_SERVICES

Contract term

Series 2026C bond financing; transaction closed August 4, 2026

Document type

Minutes

Source document

New Jersey Health Care Facilities Financing Authority Minutes Regular Meeting 2026-08-27

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by New Jersey Health Care Facilities Financing Authority (NJHCFFA)?

Bofa Securities was awarded this financial services contract by New Jersey Health Care Facilities Financing Authority (NJHCFFA), as recorded on August 27, 2026. The contract value is $116,230,000.

How much is the Bofa Securities contract with New Jersey Health Care Facilities Financing Authority (NJHCFFA) worth?

The Bofa Securities contract with New Jersey Health Care Facilities Financing Authority (NJHCFFA) is valued at $116,230,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in New Jersey Health Care Facilities Financing Authority Minutes Regular Meeting 2026-08-27 (Minutes), dated August 27, 2026 from New Jersey Health Care Facilities Financing Authority (NJHCFFA). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Bofa Securities hold?

Bofa Securities may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Bofa Securities's profile

What is New Jersey Health Care Facilities Financing Authority (NJHCFFA) currently buying?

Explore New Jersey Health Care Facilities Financing Authority (NJHCFFA)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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