
Southwest Higher Education Authority Inc, founded in the early 2000s and based in Texas, serves as a key financial conduit for educational institutions seeking capital. The organization primarily focuses on offering investment-grade bonds to support the funding of student loans, campus infrastructure projects, and other educational initiatives.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SWSHGR 3.95% 2045-10-01 USDSouthwest Higher Education Authority Inc | United States | 2045-10-01 | 3.954 | 5.37 |
SWSHGR 4.16% 2033-10-01 USDSouthwest Higher Education Authority Inc | United States | 2033-10-01 | 4.156 | 4.31 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Authority began its bond issuance program in 2005, positioning itself as a vital player in the education finance market. Notable issuances include a $100 million bond in 2010, aimed at financing the construction of a new campus facility, and a $75 million refunding bond in 2018, which offered current yields competitive with industry averages. Recent coverage highlights their innovative variable-rate bonds, which have attracted interest amid rising interest rates, further solidifying the Authority's reputation as a reliable issuer in higher education financing.