Bond proceeds provided for the refunding of the Hospital's 2007 Series M bond issue, which resulted in 6.57%, or over $700,000, in net present value savings.
Underwriter/Placement Agent:
Piper Jaffray & Co.
Private Placement - TD Bank, N.A.
Closing Date:
June 10, 2016
Final Maturity:
July 1, 2027
Yield:
2.03%
Anticipated Board Approval:
Wednesday, May 18, 2016
For further information, search EMMA for this issue.