Bonds

Bond Offering

General Revenue Bonds, Series 2026A and 2026B*

General Revenue Bonds, Series 2026A and 2026B*

General Revenue Bonds, Series 2026A
Par Amount
$573,105,000
Tax Status
Tax-Exempt
Sale Date
09/03/2026
Sector
Higher Education
State
Michigan
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
09/11/2026
General Revenue Bonds, Series 2026B
Par Amount
$250,000,000
Tax Status
Taxable
Sale Date
09/03/2026
Sector
Higher Education
State
Michigan
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
09/11/2026

Additional Information

*Preliminary and subject to change

Bond Offering Ratings

Moody’s
Aaa
Outlook
Stable
Date
Aug 2026
Rating Report

Bookrunner

BofA Securities, Inc.

Co-Senior Manager

Siebert Williams Shank

Co-Manager

Barclays
J.P. Morgan Securities, LLC
Jefferies
PNC Capital Markets LLC

Municipal Advisor

Hilltop Securities Inc.