Bonds

Bond Offering

VCBA Educational Facilities Revenue Refunding Bonds (Public Higher Education Financing Program) Series 2021B (Federally Taxable)

Offering Summary

Bond Details

Par Amount
$356,950,000
Retail Order Period Begins
No early retail period
Sale Date
January 13, 2021
Closing Date
February 9, 2021
Method of Sale
Competitive
Bond Type
Fixed Rate
Principal Payment Dates
September 1st
Interest Payment Dates
March 1st and September 1st.
Optional Redemption
See inside cover and THE 2021 Bonds - Redemption Provision
Expected Structure
Serial bonds maturing annually in years 2021 through 2046, and structured to maximize debt service relief in FY 2022 and/or FY 2023 with final maturity extended up to two years.*
Denominations
$5,000 or multiple thereof
Tax Status
Federally Taxable

Offering Participants

Municipal Advisor

Bond Counsel

Kutak Rock LLP
Kutak Rock LLP

George Scruggs

Trustee Bank

The Bank of New York Mellon
The Bank of New York Mellon