California Educational Facilities Authority

Model Bond Documents – Investment Grade Rated Transactions

The California Educational Facilities Authority (CEFA) requests borrowers to use the below model bond documents for investment grade rated transactions. These documents do accommodate necessary tailoring for the unique facts and terms pertinent to each transaction, but the standardized provisions included within each document reflect CEFA’s expectations concerning substantive content. For your convenience, we have included links to both PDF and Word versions of each document, as well as a link to a full set of all template documents. Please be sure to highlight any additions or changes in track changes format so all members of the financing team may readily see and consider them.