Skip to main content

Mary Wade Home Issue, Series A

Borrower: 
The Mary Wade Home, Incorporated
Par Amount: 
$35,000,000
Purpose: 

Bond proceeds will finance the construction of a new healthcare building consisting of 50 residential care units (relocating 45 units from an existing building and adding 5 new units), 20 assisted living units and 20 memory suport assisted living units.  In addition, proceeds will be used to refinance existing bank debt in the amount of approximately $10.8 million.

Underwriter/Placement Agent: 
Herbert J. Sims & Co., Inc.

For further information, search EMMA for this issue.