Bonds

Bond Offering

Lease Purchase Obligations (University of Kentucky Parking Structure No. 7 and Johnson Center Expansion)*

Lease Purchase Obligations (University of Kentucky Parking Structure No. 7 and Johnson Center Expansion)*

Lease Purchase Obligations, Series 2025A*
Par Amount
$91,595,000
Tax Status
Tax-Exempt
Sale Date
05/28/2025
Sector
Higher Education
State
Kentucky
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/25/2025
Call Features
4/1/2035
Lease Purchase Obligations, Taxable Series 2025B*
Par Amount
$10,600,000
Tax Status
Taxable
Sale Date
05/28/2025
Sector
Higher Education
State
Kentucky
Bond Type
Fixed Rate
Method of Sale
Negotiated
Closing Date
06/25/2025
Call Features
Non-callable

Additional Information

*Preliminary and subject to change

Bond Offering Ratings

Moody’s
Aa3
Outlook
Stable
Date
May 2025
S&P
AA
Outlook
Stable
Date
May 2025

Trustee Bank

U.S. Bank
Amy Anders
(502) 562-6259

Senior Manager

RBC Capital Markets

Co-Manager

PNC Capital Markets

Financial Advisor

Robert W. Baird & Co.
Chip Sutherland
(502) 588-8462

Disclosure Counsel

Dinsmore & Shohl LLP
Mark Franklin
(502) 540-2584

Special Counsel

Frost Brown Todd
John Egan
(502) 568-0224