Month: June 2020

Pricing Date: June 29, 2020 $300,000,000 Series 2020A Bonds Objectives In the midst of a 10-year capital spending program, Boston Children’s Hospital (BCH) sought to take advantage of low interest rates to reimburse itself for capital expenditures and preserve Balance Sheet liquidity, while maintaining existing ratings and moving to a modern MTI. Challenges Similar to … Continued

Bond Sale Date: June 16, 2020 $148,583,000 Series 2020 Taxable Bonds AGM Insured $75,000,000 Series 2020A Fixed Rate Mode Bonds AGM Insured $132,745,000 Series 2020B Term Rate Mode Bonds $75,000,000 Series 2020C R-FLOATS Rate Mode Bonds Objectives Fund asset acquisitions, provide $100MM of strategic capital, reduce bank exposure via restructuring of existing debt, maintain product … Continued