February 1, 2023
WHEFA Bond Financing Helps Lawrence University of Wisconsin Reinvest and Update Facilities in Appleton
Bonds Placed with DNT Asset Trust
“With a tradition of excellent and affordable liberal arts and sciences education going back to 1847, Lawrence is in our community for the long haul. It takes constant reinvestment to keep our facilities up to date. Tax-exempt financing is a critical tool for keeping our borrowing costs low for capital renewal, so Lawrence can spend those dollars on improving educational resources instead of interest payments.”
– Samir Datta, Vice President for Finance and Administration
Lawrence University of Wisconsin
Bond financing facilitated by WHEFA will be used to help Lawrence University finance certain capital projects on its campus including the renovation of student residential and academic buildings, improvements to athletic facilities, acquisition of an office building, replacement of critical campus utilities and infrastructure. Bond proceeds were also used to refinance certain bonds previously issued by WHEFA in 2014. This tax-exempt financing enabled Lawrence University to operate more effectively by financing 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 their capital improvement and expansion needs.