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The private Medaille University is closing its doors after failing to sell itself to a nearby college. It has more than $20 million of bond debt.
May 17 -
The acrimonious relationship between the university and its private partner has spilled into the courts and underscores that P3 deals don't remove all risks.
May 9 -
One of the largest P3s in the university energy space has landed in court three years into a 50-year contract.
April 26 -
Illinois' public universities continue to reap ratings and aid benefits from the state's positive rating trajectory and healthy near-term revenue landscape.
April 11 -
Iowa Wesleyan University's pitch to the state government for federal COVID-19 relief funds fell short, and the school plans to close its doors.
March 30 -
Public finance veterans Marvin Markus and Mark Liff join Siebert as managing directors to focus on expanding the firm's infrastructure and higher education practices.
March 27 -
Governance decisions and rapidly escalating deficits contributed to Moody's decision to cut Illinois Tech's rating two notches to speculative grade.
March 10 -
Midwest borrowing last year went from 11% year-over-year growth in the first quarter to a 48% plunge in the fourth quarter.
February 14 -
With the Permanent University Fund only benefitting the two biggest public universities in Texas, the state legislature will consider creating an endowment for other higher education institutions.
January 18 -
Moody's downgraded St. Mary's College of California to Baa3 with a negative outlook, affecting $53 million in debt issued through the California
January 17