$35 Million Refunding of College’s Tax-Exempt Bonds

Hodgson Russ attorneys represented a college in the refinancing of its tax-exempt fixed-rate bonds and letter of credit-backed variable rate bonds with two new tax-exempt bond issuances aggregating approximately $35 million purchased by two different financial institutions. Hodgson Russ also represented the college in connection with interest rate swaps entered into in connection with such refinancings as well as a line of credit.