University of Massachusetts Building Authority (UMBA) Bonds
The University of Massachusetts Building Authority is a distinct, public organization established by the Massachusetts Legislature in 1960. Its mission is to aid and contribute to the performance of the educational and other purposes of the University by providing dormitories, dining commons and other buildings and structures on the University campuses. To fulfill this mission, the Authority borrows funds through the issuance of tax-exempt and taxable bonds and carries out these construction projects at the discretion of the Trustees of the University.
Latest UMBA Bond transaction:
UMBA 2013 Bond Series
On March 20, 2013, the UMBA issued its $212,585,000 Project Revenue Bonds, Senior Series 2013-1 and its $71,790,000 Project Revenue Bonds, Senior Series 2013-2 (Federally Taxable). The 2013 Bonds were issued to finance certain projects in the University Capital Plan. For more information on UMBA, please visit their website.
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