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Charter School Bonds: "We Were Making A Market When There Wasn't One"

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August 26, 2020


A $145 million bond financing from Equitable Facilities Financing’s (EFF)“Equitable School Revolving Fund” went to market on August 12ᵗʰ.  The bonds have been given a “social” designation from Kestrel Verifiers. Social bonds are a burgeoning area in the municipal market, as issuers and investors alike become more aware of the interest from a growing investor class that wants a signifier of how municipal bond proceeds are being spent.

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