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Council of Independent Colleges 2016 Presidents Institute

The Council of Independent Colleges

Jan
6
2016

Date: January 6, 2016

Time: 2:00PM

Location: Lowes Miami Beach Hotel Miami Beach, FL

Topics

  • Maintaining Financial Vitality and Access to Capital in Challenging Times
     

Mintz Levin's Meghan Burke will speak during a workshop regarding "Maintaining Financial Vitality and Access to Capital in Challenging Times" at the Council for Independent Colleges' 2016 Presidents Institute.

Panel Information

Maintaining Financial Vitality and Access to Capital in Challenging Times

Independent colleges rely heavily on capital markets to fund expansion of, improvements to, and maintenance of their facilities. In order to sustain their financial wellbeing, independent colleges often need access to credit and capital for funding and to manage existing debt. Recent defaults and other forms of fiscal distress demonstrate the potential risks to private colleges. For example, the threatened closure of Sweet Briar College shook the market, because the college was not in apparent financial distress. This workshop will address the following issues:

  • How financial markets view independent colleges;

  • Factors that make an institution an attractive credit risk;

  • The warning signs of severe financial distress;

  • What creditors consider the indicators of financial vitality; and

  • How presidents can establish and maintain strong relationships with creditors and others—including bankers, vendors, donors, parents, and students—in order to enhance financial viability.

The interactive workshop will help participants consider implications for their own institutions.

Robert J. Bertucci, Vice President and Senior Research Analyst, OppenheimerFunds, Inc.
Meghan B. Burke, Member, Head of Public Finance, and Chair of Education Practice Group, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, PC
Stefano Falconi, former Senior Vice President for Administration and Finance, Simmons College

Time & Location

Wednesday, January 6, 2016

2:00-4:00PM EST

Loews Miami Beach Hotel, Miami Beach, FL

 

Speakers

Professional Cropped Burke Meghan Mintz

Meghan B. Burke

Speaker

Meghan B. Burke leads Mintz's Public Finance Practice, serving as bond counsel and advising underwriters, borrowers, trustees, and purchasers in tax-exempt and taxable general obligation and revenue financings. Meghan handles matters related to transportation, education, health care, and other areas.