Alaska Housing Finance Corporation
State Capital Project Bonds II
2017 Series A

Alaska Housing Finance Corporation

Invest in AHFC capital projects and earn tax-exempt income! Proceeds will be used to refund outstanding obligations, which finances residential mortgage loans and capital projects in Alaska. Review the information provided and offering documents before placing an order.


Issuance characteristics
  • Refunding
  • Contains callable maturities
  • Federally tax exempt
  • General Obligation
  • Negotiated sale

About this bond issuance

  • Purpose

    The proceeds of the bonds are expected to be used to refund certain outstanding bonds of the Corporation, to refund certain other outstanding obligations of the Corporation, to pay, or reimburse the Corporation for, certain governmental purpose expenditures, and to pay costs of issuance.

  • Obligor

    Alaska Housing Finance Corporation

  • Issuer

    Alaska Housing Finance Corporation

  • Authority

    The Offered Bonds are authorized to be issued pursuant to Chapters 55 and 56 of Title 18 of the Alaska Statutes, as amended, an Indenture, dated as of October 1, 2012, by and between the Corporation and U.S. Bank National Association, Seattle, Washington, as trustee, a 2017 Series A Supplemental Indenture, dated as of July 1, 2017, by and between the Corporation and the Trustee.

  • Security

    The Bonds are general obligations of the Corporation for which its full faith and credit are pledged for the payment of principal of and interest on the Bonds, subject to agreements made and to be made with the holders of other obligations of the Corporation pledging particular revenue and assets and the exclusion by the Act of a pledge of funds in the Housing Development Fund. The Bonds are not secured by a pledge of any assets or any fund or account except he Accounts (other than the Rebate Account) established under the Indenture.

  • Trustee

    U.S. Bank National Association

  • Sale conditions

    The managers reserve the right to terminate or extend the order period prior to or later

    than the above-mentioned time and date and to confirm bonds at their discretion.

    PRIORITY OF ORDERS AS FOLLOWS:

    1. Alaska Retail

    2. National Retail

    Retail is defined as an order placed for the account of an individual, bank trust

    department, investment advisor or money manager up to a maximum of $500,000. Any order in

    excess of $500,000 is subject to review and approval by the Senior Manager and Issuer. Zip

    codes must be included on every retail order.

    The compliance addendum MSRB Rule G-11 will apply.

    Delivery is firm for Wednesday, September 6, 2017.

    This issue is book entry only. This issue is clearing through DTC.

About the issuer

Contact information
Address
4300 Boniface Parkway Anchorage AK 99504
Website

Ratings

Issuance credit ratings

AA+

S&P

Moody's

AA+

Fitch

Financing team

Neighborly Securities
Neighborly is a selling group member on this issuance.
Municipal Advisors
FirstSouthwest
Bond Counsel
Law Office of Kenneth E. Vassar, LLC.