Borrower: The University of Portland, an independently governed Catholic university guided by the Congregation of Holy Cross, addresses significant questions of human concern through disciplinary and interdisciplinary studies of the arts, sciences, and humanities and through studies in majors and professional programs at the undergraduate and graduate levels.
Amount of Loan: $91,290,000
Closed: May 20, 2015
Underwriter: Bank of America Merrill Lynch
Description of Loan: This Project was undertaken to refund the State of Oregon – Oregon Facilities Authority Revenue Bonds 2007 Series A, and to obtain funds to construct a new residence hall to house 250 students to meet the growing need for on-campus housing. This was the University of Portland’s second financing through OFA.
Type of Loan: Traditional Bond – Public Offering