Skip to main content

The Marvelwood School Issue, Series B

Borrower: 
The Marvelwood School
Par Amount: 
$6,328,000
Purpose: 

Bond proceeds provided for the refinancing of the School's outstanding commercial bank loan, which was used to current refund CHEFA's Marvelwood School Issue, Series A bond issue, issued in 2000.  In addition proceeds financed miscellaneous improvements to the Star, Sterling, Summit and Lake dormitories.

Underwriter/Placement Agent: 
Gates Capital Corporation
Private Placement - Salisbury Bank and Trust Company
Closing Date: 
December 28, 2017
Final Maturity: 
December 1, 2042
Yield: 
2.89%
Anticipated Board Approval: 
Tuesday, December 5, 2017

For further information, search EMMA for this issue.