Minnesota Higher Education Facilities Authority

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Minnesota Higher Education Facilities Authority

Issuer Type: Pool/Bond Bank/Conduit

Bond Ratings

1 of 19

Augsburg College

Moody's
Ba1

Bethel University

Moody's
NR
S&P
BBB-

Carleton College

Moody's
Aa2

College of Saint Benedict

Moody's
Baa1

College of Saint Scholastica

Moody's
Baa2

Concordia University (Moorhead)

Moody's
Baa1

Concordia University - St. Paul

Moody's
NR*

Dunwoody College of Technology

Moody's
NR**

Gustavus Adolphus College

Moody's
A3

Hamline University

Moody's
Baa3

Macalester College

Moody's
Aa3

Minnesota College of Art and Design

Moody's
Baa2

Mitchell Hamline School of Law

Moody's
NR*

Northwestern College of Health Science

Moody's
NR**

Saint John's University

Moody's
A2

Saint Mary's University of Minnesota

Moody's
NR**

St. Catherine University

Moody's
Baa1

St. Olaf College

Moody's
A1

University of St. Thomas

Moody's
A2
Barry W. Fick

On behalf of the Minnesota Higher Education Facilities Authority (MHEFA), I would like to welcome you to our investor relations website. We appreciate your interest and investment in bonds issued by the MHEFA, as it allows us to make critical investments in educational infrastructure. We are committed to maintaining strong bond ratings on our bond issues, and we are also committed to being as transparent as possible with the investor community and public at large.

I hope you find this website useful as you seek to better understand the credit fundamentals of the MHEFA. Please do not hesitate to contact our office with suggestions for how we can be doing better. Thanks again for your interest in our bond program.

Barry W. Fick, Executive Director

News & Highlights

October 14, 2020

News
MHEFA Requests Responses to Municipal Advisor Request For Proposal

The Minnesota Higher Education Facilities Authority (“MHEFA”) is requesting your consideration of providing a response to this Request for Qualifications / Request for Proposal (“RFP”) to provide Municipal Advisor services to the Authority.

Please follow the link below to download the RFP form.

Read Article

March 31, 2020

News
A Wave of Coronavirus Disclosures to Come

Read the article in The Bond Buyer.

Read Article

January 2, 2020

Press Release
January 2, 2020 Press Release

FOR IMMEDIATE RELEASE: January 2, 2020

The Minnesota Higher Education Facilities Authority (the “Authority”) is pleased to announce that Barry W. Fick, its Executive Director, has been appointed to two national public finance organization committees. Executive Director Fick has been appointed to a 3-year term on the Committee on Governmental Debt and Fiscal Policy of the Government Finance Officers Association (GFOA). The GFOA Committee on Governmental Debt and Fiscal Policy promotes sound financial practices for local and state governments. The Committee works on best practices, actively engages with participants in the market to help develop guidelines and updates for its members and monitors legislative and regulatory activities that impact the ability of state and local governments to borrow in a cost-effective manner. He has also been appointed to the Compliance Advisory Group (CAG) of the Municipal Securities Rulemaking Board (MSRB). “The MSRB’s advisory groups provide the organization with another touch-point to the industry and further insight into the municipal securities market,” said Interim Chief Executive Officer and Chief Financial Officer and Treasurer Nanette D. Lawson. “We greatly value the contributions of the professionals who volunteer to serve on our advisory groups.” The CAG provides feedback on compliance resources, tools and educational materials to enhance dealers’ and municipal advisors’ understanding of MSRB rules and to assist their efforts in developing effective supervisory and compliance programs. The Authority is an agency of the State of Minnesota. Created in 1971, the Authority assists non-profit higher education institutions in the State of Minnesota with low-cost financing or refinancing capital projects for the benefit of their students, helping lower the cost of higher education.

Read Press Release