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PROVIDENCE, R.I. – The Rhode Island Health and Educational Building Corporation (RIHEBC) announced the issuance of $3.7 million in Educational Institution Revenue Bonds on behalf of Mount Saint Charles Academy. The tax-exempt bonds closed on May 1, 2019 and will be used to design, construct, and furnish a 19,000 square foot residence hall on the…

RIHEBC’s May board meeting is in just a few days and we’re doing things a little differently! Starting this month and going forward, RIHEBC will be selecting a different charity to feature at our Board meetings.  This month we are featuring the RI Community Food Bank.  If you plan on attending the meeting, check out…

RIHEBC has issued a $16 million bond on behalf of Blackstone Valley Prep, a charter school located in Cumberland.  The School has used bond proceeds to acquire the high school facility located at 65 Macondray Street which it previously leased.  Thank you to all of our business partners for a smooth transaction.  The bond closed…

The Bond Buyer released an article regarding the release of contractual fallback language for Libor-denominated floating-rate notes and syndicated loans. To read the full article, click here!

RIHEBC’s quarterly newsletter for the first quarter of 2019 is now available. Click the picture or the link below to preview the newsletter!

Recently reported from the Bond Buyer, the Municipal Services Rulemaking Board (MSRB) has made its online education courses free with many topics to choose from. Be sure to check out “Being an Informed Municipal Bond Issuer” and check out the link below for more information.

RIHEBC is pleased to play a role in the Governor’s school construction initiative, detailed in an article from The Bond Buyer. RIHEBC will be assisting RI communities in financing their portion of school construction projects. Read the Bond Buyer article here!

With RIHEBC’s April Board Meeting this evening at 5:30 PM, we have a bit of a busy day! Check out the agenda for our April Meeting by clicking here!

RIHEBC was excited to attend the groundbreaking ceremony for Mount Saint Charles Hockey Academy dorm! Good luck with the project!

We wish to congratulate our financial advisors, bond counsel firms, and underwriters, all of whom placed in the Northeast top ten and/or Rhode Island top five in the Bond Buyer’s Northeast Yearend Review for 2018.