Alaskans Benefit From Bond Deals
ANCHORAGE, AK, August 28 - 2014. S&P and Fitch rated Alaska Housing Finance Corporation’s (AHFC’s) $140 million State Capital Project Bonds II 2014 Series C bond deal AA+ and AA+, respectively. The deal closed yesterday with Federal Home Loan Bank of Seattle.
“This is AHFC’s first transaction with Federal Home Loan Bank of Seattle and we’re very pleased to have them as a new business partner. The transaction was completed ahead of schedule and with minimal costs. Since the terms are very favorable, Alaskans will benefit with access to competitive mortgage rates on our loan programs,” says AHFC CEO/Executive Director Bryan Butcher.