This content is from: Innovation

Mo. Education Agency To Issue ABS

The Missouri Higher Education Loan Authority says it will issue $579 million in securities backed by student loans, reports St. Louis Business Journal.

The Missouri Higher Education Loan Authority says it will issue $579 million in securities backed by student loans. The proceeds are expected to be used to refinance outstanding notes and buy loans from the non-profit organization’s general fund and from third-party lenders.

Click here to read the story from the St. Louis Business Journal.

Related Content