As the authorized Bond Issuer for Ragin’ Cajun Facilities, Inc., the LPTFA serves as an intermediary that allows UL Lafayette to access the public bond markets. Through its trust indenture, the LPTFA is able to issue the bonds necessary for the university to raise money that is needed for various building endeavors. It is important to note that the bonds issued by the LPTFA are Revenue Bonds, NOT General Obligation Bonds of the city or state.
In its role as an authorized bond issuer, the LPTFA is pleased to be able to help fund building endeavors that benefit the University of Louisiana at Lafayette, as well as the citizens of the City of Lafayette and the entire parish.
