Financial Advisor for Bond Sale
The California Educational Facilities Authority (CEFA) is requesting proposals for a financial advisory firm (the firm") with expertise in tax-exempt bond issuance and equipment financings for non-profit private colleges and universities. The firm will provide assistance in the review of bond sale and related services, including reviewing proposed underwriter spread components, reviewing estimated costs of issuance items, evaluating the proposed structure of the financing, preparing an independent scale of rates for the agreed upon structure, participating in pre-pricing and pricing calls, reviewing pricing of securities in escrow funds, preparing post-sale evaluation of bond sale transaction, and make recommendations to CEFA on the financing on an as needed" basis. The firm will also assist CEFA by providing analysis and advice on issues or questions related to tax-exempt debt markets, the non-profit higher education sector, or any other related financial matter on an as needed" basis. All proposals submitted to perform these services must explain the experience and qualifications that demonstrate the firm's ability to provide these services. Failure to provide the required information may result in disqualification.
