Bonds

Bond Offering

Virginia College Building Authority Educational Facilities Revenue and Refunding Bonds (21st Century College and Equipment Programs) Series 2026AB*

Virginia College Building Authority Educational Facilities Revenue and Refunding Bonds (21st Century College and Equipment Programs) Series 2026AB*

Virginia College Building Authority Educational Facilities Revenue Bonds (21st Century College and Equipment Programs) Series 2026A
Par Amount
$177,835,000
Tax Status
Tax-exempt
Sale Date
04/21/2026
Sector
Higher Education
State
Virginia
Bond Type
Fixed Rate
Method of Sale
Competitive
Closing Date
05/12/2026
Call Features
Non-callable
Dated Date
05/12/2026
First Interest Date
08/01/2026
First Principal Date
02/01/2027
Virginia College Building Authority Educational Facilities Revenue Refunding Bonds (21st Century College and Equipment Programs) Series 2026B
Par Amount
$226,315,000
Tax Status
Tax-exempt
Sale Date
04/21/2026
Sector
Higher Education
State
Virginia
Bond Type
Fixed Rate
Method of Sale
Competitive
Closing Date
05/12/2026
Call Features
Non-callable
Dated Date
05/12/2026
First Interest Date
08/01/2026
First Principal Date
02/01/2027

Additional Information

*Preliminary, subject to change

Bond Offering Ratings

Moody’s
Aa1
Date
Apr 2026
S&P
AA+
Date
Apr 2026
Fitch
AA+
Date
Apr 2026

Bond Counsel

Kutak Rock LLP
George Scruggs, Jr.
(804) 644-1700

Trustee Bank

Bank of New York Mellon Trust Company, N.A.
Kerry Zombeck
(412) 236-5720

Financial Advisor

Public Resources Advisory Group
Janet Lee
(212) 566-7800