CMFA Issues $138,470,000 in Tax-Exempt Financing for Pomona College

The proceeds of the Bonds will be issued pursuant to a plan of financing to: (1) finance and refinance the 2017 Project, (2) refund all or a portion of the outstanding California Educational Facilities Authority Revenue Bonds (Pomona College) Series 2008A (the “2008A Bonds”), issued to finance or refinance the 2008A Project; (3) refund all or a portion of the outstanding California Educational Facilities Authority Revenue Bonds (Pomona College) Series 2009A (the “2009A Bonds”), issued to finance or refinance the 2009A Project, (such 2009A Project, together with the 2017 Project and the 2008A Project, the “Project”); and (4) pay costs of issuance and certain interest with respect to the Bonds.

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