I reviewed over 30 charter school bond issues for schools located in Utah. The process involved reading the offering statements and aggregating information about the school, the key service providers, interest rates, and key economic terms.
For easy reference, I've assembled the data into two tables and used the data to create charts showing key relationships related to interest rates. Larger schools and schools with better credit ratings clearly have a financing advantage relative to smaller, lower credit quality schools. Further, they have lower relative issuance costs.