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.