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Minnesota Higher Education Facilities Authority Partners with BondLink for New Transparency Initiative
ST. PAUL, MN — Today, the Minnesota Higher Education Facilities Authority (or "MNHEFA") launched its new investor relations website, www.mnhefabonds.com, to augment its transparency and investor outreach efforts on behalf of the colleges and universities that borrow through the Authority.
MNHEFA plays a vital role in helping private higher education facilities in Minnesota raise capital to finance projects like student housing, academic facilities, student centers, and more. Since 1971, it has financed over $3 billion in projects and has $1 billion in loans outstanding.
Barry Fick, Executive Director at MNHEFA and a member of the GFOA Debt Committee, joins other leaders in the state who’ve partnered with BondLink to power their digital IR efforts, including the City of St. Paul and Anoka County. A number of higher education issuers have turned to BondLink, including the University of Texas System.
"We have a great story to tell about how well we operate this organization to support schools across the State," Fick said. "I’m confident this new IR site will help us provide financial information to investors, borrowers and others more efficiently as markets move faster than ever."
"The current environment is requiring investors to double-down on their credit analysis given the national impact of the virus," said Colin MacNaught, BondLink’s CEO and Co-Founder. "Issuers who are transparent and provide efficiencies with investors are going to do better. We’re really excited to have MNHEFA join our network of issuers who are moving the market forward."
Click here to visit MNHEFA’s new IR website and sign up for personalized notifications from the Authority.