Higher Education
Morgan Keegan is a leading underwriter of bond issues for both public and private institutions of higher learning throughout the United States. Since 2006, the firm has managed 260 issues for colleges and universities with a par value of $16 billion. We have extensive experience in the area of privatized student housing, serving as underwriter on issues with a total par value of $2.25 billion since 2000.
Our team of public finance professionals provides underwriting services for various types of bond issues including:
- Auxiliary revenue bonds
- Educational facilities revenue bonds
- Lease revenue bonds
- Student housing revenue bonds
- Privatized housing revenue bonds
- Tuition and fee revenue bonds
- Student loan bonds
- Taxable bonds
- Refunding bonds
- Deficit funding bonds
In addition to underwriting, our broad range of services includes:
- Credit analytics
- Ratings due diligence
- Structuring analytics
- Capital planning
- Financial modeling
- Asset/liability management
Our clients include:
- Coastal Carolina University
- East Stroudsburg University
- Embry-Riddle Aeronautical University
- Georgia Institute of Technology
- Iowa State University
- Louisiana State University
- Mississippi State University
- New York Law School
- Oklahoma State University
- Texas Christian University
- The University of Alabama
- Tulane University
- University of Kentucky
- University of Louisville
- University of Mississippi
- University of Texas
- University of Rhode Island
- University of Richmond
- Virginia Commonwealth University
- Virginia Tech
Our weekly Higher Education Market Update provides the latest market commentary and prevalent market data in this industry sector.
K-12
Morgan Keegan’s primary and secondary school underwriting experience is extensive, serving as senior manager on transactions in 38 states since 2006. In 2010 we were the third leading underwriter of K-12 transactions, according to Thomson Reuters, as senior manager on 270 school transactions totaling over $3.7 billion in par amount.