Blue Rose Advisors Blog

Higher Education Rating Agency Medians – Some Stabilization in FY 2023, but Enrollment and Operational Challenges Remain

In our previous market update published in mid-May, we focused on interest rate volatility and signaling from the Fed on its rate outlook for the remainder of the year. While rate volatility has somewhat calmed, the interest rate environment is still elevated relative to the last several years

A little over a year ago, the transition from the London Interbank Offered Rate (“LIBOR”) to the Secured Overnight Financing Rate (“SOFR”) occurred. This transition had been in the works for several years and officially concluded in June of 2023. Below, we summarize some important milestones that have transpired since the transition

Markets have remained volatile through the first four months of 2024, continuing a theme that we observed at the end of last year. Rates have moved significantly higher and equity indexes sit near all-time highs. However, there is significant uncertainty around how the rest of the year will unfold

Blue Rose Capital Advisors Erik Kelly, President, and Brandon Lippold, Vice President, shared industry insights and financial strategies to address unique market activity during their presentation at the Wisconsin Health & Education Facilities Authority’s (WHEFA) Lunch & Learn Market Update Webinar on March 26th, 2024

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 of Education delayed the new FAFSA rollout until late December for this admission cycle

In 2023, we had the opportunity to positively impact numerous higher education institutions, non-profits, and governmental entities advising on matters related to long-term capital planning, capital markets access, interest rate hedging programs, alternative financing solutions, the investment of bond proceeds, budget process improvements, and many other unique projects

Whether applying our own expertise to tricky problems or assisting clients who are either temporarily or perpetually short-staffed, we provide a wide array of tailored services to a range of institutions

The third quarter of 2023 has seen significant market movements and much uncertainty around the United States’ economic outlook for 2024 as the Federal Reserve attempts to steady inflation. Absolute yields as well as credit spreads have widened meaningfully across the credit spectrum

LIBOR cessation occurred as scheduled on June 30th of this year and most variable instruments that historically referenced LIBOR should now reference a different index. Depending on your last reset period, your debt instruments could still be utilizing a LIBOR rate for your current interest accrual period, however, with interest accrual periods thereafter referencing a different rate, likely some form of SOFR