College Construction Loan Insurance Association on Tuesday insured its first municipal new issue, an $8.5 millon sale by the New York State Dormitory Authority.

St. John Fisher College in Rochester, N.Y., has the distinction of being the first higher education institution in the country to have debt enhanced by the federally chartered insurer.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.