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Bond Issues in Progress

$35,000,000
Mary Wade Home Issue, Series A
Anticipated CHEFA Board Approval
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.
Herbert J. Sims & Co., Inc.
$25,000,000
University of New Haven Issue, Series K-3
Anticipated CHEFA Board Approval
July 18, 2018
Bond proceeds will provide for construction of a new academic building and an adjacent utility building.
Wells Fargo
$52,000,000
Covenant Retirement Communities Issue, Series B
Anticipated CHEFA Board Approval
October 17, 2018
Bond proceeds will provide for the construction of new residential apartments and a common area at the Covenant Village of Cromwell, CT.
B.C. Ziegler and Company