Once the Authority has conducted its internal credit assessment and determines that the financing is viable, the borrower must make decisions regarding the structure for the transaction. CHEFA can assist the institution in almost every aspect of structuring a transaction including:
- Sizing the bond issue and related project funds.
- Selection of an investment banker and timing of the selection.
- Preparation of credit presentation packages and development of the Institution’s disclosure information for the bond offering prospectus.
- Evaluation of the project funding schedule to comply with tax code requirements.
- Structuring of principal and interest payments that best meets the Institution’s cash flow needs.
