North Carolina Central University, NC, General Revenue Bonds, Series 2019 EMMA Link - issuer's most recent disclosures https://emma.msrb.org/IssueView/Details/ER389633 Most Recent Update 7/10/20 Use of Proceeds The Bonds are being issued to refund certain outstanding obligations of the Issuer and fund various capital improvements Bond Security The Bonds are payable from Available Funds of the University or the Board, which include any legally available funds of the University, or the Board held for the University, in each Fiscal Year but excluding (1) state appropriations (2) tuition payments, (3) restricted funds, (4) Special Facility revenues, (5) funds restricted by law and (6) certain other excluded funds Investors should refer to the official statement for a full description of the security for the Bonds The official statement can be obtained using the EMMA link above CUSIPs 65819PDX3 65819PDY1 65819PDV7 65819PDU9 Bonds Dated Date: Payment Date 4/1/28 4/1/36 4/1/39 4/1/49 TOTAL BAM Insured Principal Amt 320,000 625,000 1,585,000 3,040,000 5,570,000 Coupon 5.000% 5.000% 4.000% 4.000% 4/18/19 First Optional Optional Redemption Date Redemption Price 4/1/29 4/1/29 4/1/29 100% 100% 100% CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor’s Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service The CUSIP Database, © 2011 American Bankers Association “CUSIP” is a registered trademark of the American Bankers Association Fall Semester Freshmen Demand Fall Semester Student Enrollment Applicants (left axis) 9,000 Acceptance Ratio (right axis) Matricul ation Ratio (right axis) 8,000 12,000 7,000 90% 80% 10,000 6,000 70% 8,000 5,000 4,000 60% 50% 6,000 3,000 40% 4,000 2,000 1,000 2,000 0 2014 2015 2016 2017 30% 20% 10% 0% 2014 2015 2016 2017 LIMITATIONS ON USE - SEE PAGE Page of