The CMFA Completes the Issuance of $20,570,000 in Bonds for University of the Pacific
The CMFA Completes the Issuance of $20,570,000 in Bonds for University of the Pacific to finance and refinance the acquisition, construction, improvement and equipping of certain educational facilities located in the cities of Sacramento, San Francisco, Stockton and Union City, Counties of Alameda, Sacramento, San Francisco and San Joaquin, California. The savings the University will capture as a result of refunding the debt will allow the University to invest more of its annual operating budget in the University programs, which will allow it to further its mission to provide a superior, student-centered learning experience integrating liberal arts and professional education and preparing individuals for lasting achievement and responsible leadership in their careers and communities.