Municipal Bond Credit Report: Unrated Texas deal will be largest for charter schools

Municipal Bond Credit Report: DALLAS – A Texas charter school operator plans to price what industry participants say will be the largest-ever deal for charter schools on Tuesday. International Leadership Texas will use the proceeds of the $346 million in unrated bonds to buy 13 campuses across the state. The deal, expected to close Dec. 21, follows a $55 million private bond sale in September to purchase campuses in Grand Prairie and Katy, Texas, and a previous $111 million deal to acquire its original four campuses in 2015. The school district issues public debt through the Clifton Higher Education Finance Corp…. Link to Story

About FIRVA Capital Management

We sell Municipal and Corporate issuer credit risk research. We also manage two partner seeded private funds for information purposes using our research; a liquidity fund and a multi-asset fund.

Services include

  • Municipal Credit Risk Research
  • Corporate Credit Risk Research
  • Advisory and Consulting Services
  • Fixed Income Workstation
  • Issuer Credit Risk Reports
  • Video Play News Feed