Facilities Financing and Financial Advisory Program

Through this program, AICUP members have financed anything they would normally finance through a college  organized tax-exempt borrowing:

• reimbursement for eligible capital expenditures
  
• new project construction
  
• property acquisition
  
• refinancing of tax-exempt (and eligible taxable) debt
  
• equipment

AICUP’s highly experienced bond team is led by the M&T Education Investment Banking Group, and also includes Ballard Spahr as bond counsel. The same individuals at all of the Program’s participating firms have worked with the Program since its inception in 1997, saving AICUP members both time and costs of issuance. Special features include:

• no need to deal with the politics of putting your own bond team together
  
• bonds may be competitively bid or sold as a negotiated transaction
  
• CUBBS (the AICUP bank qualified financing option) continues to be available under the old legislation associated with bank qualified loans
  
• savings of time
  
• program commitment of not-to-exceed fees
  
• streamlined rating process
  
• financial advisory services

Sponsor - 2011 Member Services Brochure
Contributer - The Spotlight eNewsletter, The Bond Finance Update

CONTACT: Linda Eremita
M&T Education Investment Banking & Financial Advisory Services
412-350-9849
leremita@mtb.com

• AICUP Member Participants: 41 since 1997
  
• Program Volume: $758,215,000 since 1997
  
• Savings of Time: Has ranged between 80 and 160 hours of College/University finance staff time (per issuance)

2011 Member Meeting on Collaboration, York PA
Linda Eremita leads a panel discussion on 1st Time Ratings process with
Charlotte Butterfield (Standard & Poor's),
Lois Voigt (Messiah College) and Donna Yoder (Mt. Aloysius College)

2009 Member Meeting on Collaboration, Lancaster, PA
Linda Eremita presenting a bond finance session at the