• Advise the Authority on its overall approach to student loan, refinance loan, and other loan product financings, including offering structuring recommendations. • Develop, maintain, and update cash flows that demonstrate the ability of student loan payments to support bond debt service throughout the life of the bonds and to support all related expenses. In connection with each bond offering, provide a letter stating that the cash flows are sufficient to provide for bond debt service and that no draw on the Special Capital Reserve Fund will be required. Use the cash flows to test portfolio performance under various scenarios and to project the impact on the Special Capital Reserve Fund. • Advise on negotiated financings, including advice on the underwriter selection process, underwriter compensation and expenses, issue timing, syndicate policies, and issue size, pricing and structure, including feasibility of funding the Special Capital Reserve Fund with a surety policy. Work with Authority staff, the Office of the Treasurer of the State of Connecticut, the Office of Policy and Management, the Authority’s bond counsel, underwriter(s), rating agencies and other professionals involved in the Authority’s student loan financings to bring transactions to market. • Assist in developing and presenting information to the rating agencies. • Assist in developing and implementing marketing plans in connection with the Authority’s financings as needed. • Evaluate proposals on new products, new financing structures, refunding opportunities and other financing ideas. • Assist in the review and analysis of state and federal legislation pertaining to student loan financings. • Assist in special projects including new program development as assigned.
