Bonds

Bond Offering

California Statewide Communities Development Authority Student Housing Revenue Bonds Series 2026 & Refunding Series 2027 (Forward Delivery)*

California Statewide Communities Development Authority Student Housing Revenue Bonds Series 2026 & Refunding Series 2027 (Forward Delivery)*

Student Housing Revenue Bonds, University of California, Irvine East Campus Apartments, CHF-Irvine, L.L.C., Series 2026;
Par Amount
$386,950,000
Tax Status
Tax-Exempt
Sale Date
Week of 09/27/2026
Sector
Higher Education
State
California
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
10/22/2026
Call Features
Callable at par on or after May 15, 2037. Series 2026 is also subject to a make-whole call prior to 2037.
Student Housing Revenue Bonds, University of California, Irvine East Campus Apartments, CHF-Irvine, L.L.C., Refunding Series 2027 (Forward Delivery)
Par Amount
$136,080,000
Tax Status
Tax-Exempt
Sale Date
Week of 09/27/2026
Sector
Higher Education
State
California
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
02/15/2027
Call Features
Callable at par on or after May 15, 2037

Additional Information

*Preliminary and subject to change

Bond Offering Ratings

Moody’s
Baa1
Outlook
Stable
Date
Sep 2026
S&P
AA
Outlook
Stable
Date
Sep 2026

Senior Manager

Barclays Capital Inc.

Co-Manager

J.P. Morgan Securities LLC
Raymond James & Associates, Inc.
Stifel, Nicolaus & Company, Inc.

Bond Counsel

Orrick, Herrington & Sutcliffe LLP

Bond Trustee

BNY Mellon Capital Markets, LLC

Bond Insurer

Build America Mutual Assurance Company

*Subject to change, the ultimate amounts and dates can be affected by legal, market and other factors.