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Private Academy Taps Munis for Upgrades to 140-Year-Old Campus

Bloomberg Markets Tuesday 04 August 2026, 14:34 UTC By Erin Hudson 1 min read
Key Points

Private Academy Taps Munis for Upgrades to 140-Year-Old Campus A historic Pittsburgh private school is looking to borrow $30 million in the municipal bond market for campus upgrades as it fights for students. Shady Side Academy was founded in 1883 in the city’s East End neighborhood Shadyside, so named for its covered lanes. It was initially established as an all-boys school by pioneers of the American steel industry to educate the city’s next generation of leaders.

Private Academy Taps Munis for Upgrades to 140-Year-Old Campus A historic Pittsburgh private school is looking to borrow $30 million in the municipal bond market for campus upgrades as it fights for students. Shady Side Academy was founded in 1883 in the city’s East End neighborhood Shadyside, so named for its covered lanes. It was initially established as an all-boys school by pioneers of the American steel industry to educate the city’s next generation of leaders.
Private Academy Taps (ORG) Pittsburgh (LOCATION) Shady Side Academy (ORG) East End (LOCATION) Shadyside (LOCATION) American (ORG)
Originally published by Bloomberg Markets Read original →

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