Hoffman SummerWood Issue, Series C
Borrower:
Hebrew Life Choices, Inc.
Par Amount:
$14,500,000
Purpose:
Bond proceeds provided for the refinancing of SummerWood's 2007 Series B bonds which were backed by a TD Bank direct pay letter of credit. Hebrew Life Choices, Inc. is a 501(c)(3) corporation which owns and operates a 108-unit rental independent living apartment community known as the Hoffman SummerWood Community located in West Hartford.
Private Placment - TD Bank, N.A.
Closing Date:
December 18, 2017
Final Maturity:
December 20, 2047
Yield:
3.16%
Anticipated Board Approval:
Wednesday, October 18, 2017
For further information, search EMMA for this issue.