Higher education bonds

Capital appreciation bond issuance by California school and community college districts more than tripled to $999 million in 2015 despite legislation to discourage use of the bond structure.

Indiana’s Purdue University officials believe its newly minted second AAA rating will spell savings on its upcoming bond sale.

The University of Utah won a Standard & Poor’s upgrade to AA-plus en route to the bond market with $76 million of bonds.

Gov. Andrew Cuomo’s call for New York City to pay much more toward the City University of New York system and Medicaid is a financial gut punch.

The University of Houston will issue $272 million of tuition revenue bonds that that combine taxable and tax-exempt debt.

The University of Texas System will offer investors taxable and green bonds in a pair of top-rated deals worth $450 million.

Georgia State University teamed up with Atlanta-based Carter & Associates LLC to negotiate the purchase of Turner Field for a multi-use redevelopment project including a football stadium.

The University of Kansas will use the Wisconsin-headquartered Public Finance Authority as conduit for a $350 million lease-revenue bond deal instead of the Kansas Development Finance Authority.

Arizona State University’s "strong culture of innovation" should translate into improved credit quality over time, Moody's Investors Service said in a new report.

The College of DuPage, Ill. board chairwoman Kathy Hamilton, who spearheaded reform efforts that also led to the ouster of the college president and the school’s finance team, abruptly resigned.