March 11, 2020
$14,850,000
WHEFA Bond Financing Helps Lawrence University of Wisconsin Refinance in Appleton
Bonds Underwritten by Piper Sandler
“Thanks to efficient support from WHEFA, Lawrence refinanced its outstanding debt at a very opportune moment in the market. The new money portion will allow the University to complete updates to academic buildings that support new pedagogy. In addition, funds will be used to renew campus infrastructure in support of Lawrence’s sustainability objectives. WHEFA financing has allowed us to meet our goals of educational quality and affordability.”
– Mark Burstein, President, Lawrence University of Wisconsin
Lawrence University of Wisconsin employs approximately 520 full-time equivalents in Wisconsin.
Bond financing facilitated by WHEFA was used to help Lawrence University of Wisconsin refinance certain bonds previously issued by WHEFA in 2012 and 2014. Bond proceeds will also be used to finance or reimburse for costs related to various campus improvements. This tax-exempt financing process has enabled Lawrence University of Wisconsin to operate more effectively by financing and refinancing its capital expenses at a low interest rate.
WHEFA is proud to continue its mission of assisting all eligible Wisconsin nonprofit institutions to obtain and maintain access to tax-exempt financing in order to finance or refinance their capital improvement and expansion needs.
