Bond Pricing in Capital Markets Though there are many steps involved in successfully completing a financing in the capital markets, the pricing of the bonds themselves is one of the most important. Given its vital economic implications, having a municipal advisor (“MA”) providing advice, support, and advocacy throughout the process
Higher Education Rating Agency Medians – Some Stabilization in FY 2023, but Enrollment and Operational Challenges Remain In fiscal 2023, the sunsetting of federal pandemic relief aid and growing inflationary pressures weighed on public and private universities alike, pressuring operations and driving margins down to pre-pandemic levels or below. Enrollment
As FAFSA Challenges Persist, Colleges and Universities Scramble to Adjust By now, colleges and universities are quite familiar with the unique challenges that changes to the FAFSA (Free Application for Federal Student Aid) pose to financial aid offices for 2024-25. Typically available to prospective students beginning in October, the Department
In fiscal 2021, private universities saw major positive developments that buoyed their credit positions in the wake of the COVID-19 pandemic. In particular, strong investment returns across the many asset classes provided for significant growth in cash and investments for most universities, and pandemic-related government aid provided support for operations.
The onset of the COVID-19 pandemic in 2020 has created significant new challenges for all higher education institutions and further exacerbated existing challenges. Faced with unprecedented disruptions to “status quo” methods of operation last March, colleges and universities have adapted admirably on the fly, shifting students to remote or hybrid
With the passage of tax reform in late 2017, refinancing opportunities for municipal borrowers took a significant hit due to the elimination of tax-exempt advance refundings. Taxable advance refundings, while still a nominal option available to borrowers, have generally not generated sufficient economic benefit to be utilized by most of
Last year, the SEC announced its plans to amend Rule 15c2-12. This proposed amendment recently took effect at the end of February 2019. Rule 15c2-12 requires underwriters of municipal securities to determine that issuers and obligated persons have entered into an agreement to provide continuing disclosure information to the MSRB
3948 Market Street, #24827
Minneapolis, MN 55424-9998
Registrations
Blue Rose Capital Advisors is an independent financial advisory firm that does not engage in underwriting activities. We are registered with the Securities and Exchange Commission (SEC) and Municipal Securities Rulemaking Board (MSRB) as a Municipal Advisor. Because we have not engaged in underwriting activities in our history, we generally qualify as an Independent Registered Municipal Advisor (IRMA).
© 2025 Blue Rose Capital Advisors
