Odd Fellows Healthcare Issue, Series A
Borrower:
Odd Fellows Healthcare
Odd Fellows Home of Connecticut, Inc.
Odd Fellows Faith, Hope and Charity Fund
Par Amount:
$17,960,000
Purpose:
Bond proceeds provided for the refinancing of existing mortgage debt used to construct Thames Edge at Fairview, a CCRC with 40 two-bedroom homes and to reimburse Odd Fellows for capital expenditures. Odd Fellows Healthcare is a continuing care community, which operates under the trade names Fairview, Fellowship Manor and Thames Edge at Fairview.
Underwriter/Placement Agent:
SK Advisors
Private Placement - 233 Genesee Street Corporation, subsidiary of M&T Bank Corp.
Closing Date:
March 9, 2017
Final Maturity:
March 1, 2047
Yield:
3.26%
Anticipated Board Approval:
Wednesday, February 15, 2017
For further information, search EMMA for this issue.