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Issuer Type: Public Higher Education
On behalf of the Massachusetts State College Building Authority, I would like to welcome you to our investor relations website. We appreciate your interest as an investor or prospective investor in bonds issued by the Authority, as it allows us to make critical investments in facilities at Massachusetts state universities and community colleges. We are committed to maintaining our strong bond ratings, and we are also committed to being transparent with the investor community and public at large.
I hope you find this website useful as you seek to better understand the credit fundamentals of the Authority. Please do not hesitate to contact our office with suggestions for how we can do better. Thanks again for your interest in our bonds.
Edward H. Adelman, Executive Director
On July 1, 2020, the Massachusetts State College Building Authority (MSCBA) closed its largest ever bond transaction which provided debt service relief to each of its nine State Universities for Fiscal Year 2021 and Fiscal Year 2022 while also achieving overall economic savings. The debt restructuring was designed to assist the State Universities with navigating the financial challenges brought on by the COVID-19 pandemic.