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Canterbury School Issue, Series E

Borrower: 
Canterbury School, Incorporated
Par Amount: 
$19,122,000
Purpose: 

Bond proceeds provided for refunding the School's 2012 Series C variable rate and 2015 Series D fixed rate bond issues, in addition to providing bridge financing for a portion of the construction of a new 22,000 square foot student center, and finance the purchase of a residential home to be used as faculty housing.

Private Placement - Salisbury Bank and Trust Company
Closing Date: 
January 30, 2020
Final Maturity: 
February 1, 2030
Yield: 
2.65%
Anticipated Board Approval: 
Wednesday, January 15, 2020

For further information, search EMMA for this issue.