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Greenwich Country Day School Issue, Series A&B

Greenwich Country Day School
Par Amount: 

Bond proceeds financed the repayment of a $10.1 million line of credit used to finance various construction projects at the School's existing campus and refund The Stanwich School 2013 Series B Bonds.  Approximately $60.1 million will be used for renovations at the former Stanwich School high school to be conducted in two phases.  In November 2017, Greenwich Country Day School consolidated and assumed all operations of The Stanwich School.

Underwriter/Placement Agent: 
George K. Baum & Company
Private Placement - Israel Discount Bank of New York
Closing Date: 
December 19, 2018
Final Maturity: 
December 1, 2048
Series A - 2.38%; Series B - 2.39%
Anticipated Board Approval: 
Wednesday, November 14, 2018

For further information, search EMMA for this issue.