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AFICA Financed Projects

AFICA Higher Education Revenue Bonds Series 2019

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AFICA Financed Projects

AFICA Borrower: Universidad Interamericana de Puerto Rico, Inc.

Amount: $21,600,000

Issuance date: May 22, 2019

Rating: S&P “A-“

Type of Financing: Private Placement

Financed new 440 beds student dormitories with commercial / retail space and parking spaces.  This AFICA bond issuance was purchased by investment funds.