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Rocketship Education Finances Charter School Facilities in California, Wisconsin, and Tennessee

On February 22, 2017, Rocketship Education and its affiliate, Launchpad Development Company, closed simultaneous issues of charter school revenue bonds in California, Wisconsin, and Tennessee, each underwritten by Stifel, Nicolaus & Company, Incorporated. The California School Finance Authority issued $23,095,000 in Series 2017A bonds and $3,665,000 in Series 2017B bonds. The Wisconsin Health and Educational Facilities Authority issued $7,160,000 in Series 2017C bonds and $250,000 in Series 2017D bonds. The Health and Educational Facilities Board of the Metropolitan Government of Nashville and Davidson County, Tennessee issued $7,740,000 in Series 2017E bonds and $250,000 in Series 2017F bonds.

Kerrigan Bennett acted as underwriter’s counsel and prepared the consolidated limited offering memorandum for these issues.