Bonds

View municipal bond offerings and roadshows from Minnesota Higher Education Facilities Authority, and view bond ratings from Moody's and S&P.

Bond Sales

May 11, 2022

Bond Sale
Revenue Bonds, Series 2022A (University of St. Thomas) (Green Bonds) and Revenue Bonds, Series 2022A (University of St. Thomas)*

This bond offering is related to our ESG program. Learn more
Par Amount
$128,125,000
Method of Sale
Negotiated
Retail Order Period Begins
No early retail period
View Bond Archive

Roadshows

Moody's Investors Service

Augsburg University
Ba1
Outlook
Negative
Date
January 2020
Bethel University
NR
Outlook
Not Assigned
Date
February 2020
Carleton College
Aa2
Outlook
Stable
Date
May 2021
Rating Report

Rating Report

College of Saint Benedict
Baa1
Outlook
Negative
Date
September 2020
Rating Report
College of Saint Scholastica
Baa2
Outlook
Stable
Date
July 2019
Concordia College (Moorhead)
Baa1
Outlook
Stable
Date
March 2022
Concordia University - St. Paul
NR
Outlook
Developing
Date
March 2020
Dunwoody College of Technology
NR
Outlook
Developing
Date
March 2020
Gustavus Adolphus College
A3
Outlook
Stable
Date
July 2021
Rating Report

Rating Report

Hamline University
Baa3
Outlook
Stable
Date
April 2021
Rating Report

Rating Report

Macalester College
Aa3
Outlook
Negative
Date
December 2020
Rating Report
Minneapolis College of Art and Design
Baa2
Outlook
Stable
Date
December 2021
Rating Report

Rating Report

Mitchell Hamline School of Law
NR
Outlook
Developing
Date
March 2020
Northwestern College of Health Science
NR
Outlook
Developing
Date
March 2020
Saint John's University
A2
Outlook
Stable
Date
May 2021
Rating Report

Rating Report

Saint Mary's University of Minnesota
NR
Outlook
Stable
Date
March 2019
St. Catherine University
Baa1
Outlook
Stable
Date
May 2019
St. Olaf College
A1
Outlook
Stable
Date
January 2021
University of St. Thomas
A2
Outlook
Stable
Date
April 2022

S&P Global Ratings

Bethel University
BB+
Outlook
Stable
Date
January 2021

Authority's Bond Counsel Firms

The Minnesota Higher Education Facilities Authority (“MHEFA” or “Authority”) has selected bond counsel firms for a roster from the firms approved by the Minnesota Attorney General.  

Shown on this page are the bond counsel firms (alphabetic order) on the Authority’s roster and the contact information for each firm.

Fryberger, Buchanan, Smith & Frederick, P.A.

302 West Superior St

700 Lonsdale Building

Duluth, MN 55802

Robert Toftey, Esq.

rtoftey@fryberger.com

Kennedy & Graven Chartered

150 S. 5th Street

Suite 700

Minneapolis, MN 55402-1299

Julie Eddington, Esq.

jeffington@kennedy-graven.com

Kutak Rock LLP

60 S, 6th Street

Suite 3400

Minneapoilis, MN 55402-4018

David Murphy, Esq.

David.murphy@kutakrock.com

McGrann Shea Anderson Carnival Straughn & Lamb, Chartered

800 Nicollet Mall

Suite 2600

Minneapolis, MN 55402

Peter Cooper, Esq.

plc@mcgrannshea.com

View Authority's Bond Counsel Firms