Bond Sale Date: August 20, 2020 $300,000,000 Series 2020 Taxable Fixed Rate Bonds Objectives Given favorable market conditions, Children’s National Health System (“Children’s”) sought to take advantage of low interest rates to finance $200mm of general corporate purposes and refinance $100mm of its variable rate bank loan into fixed rate debt. Children’s had not been … Continued
Bond Sale Date: August 12, 2020 Expected Closing Date: August 26, 2020 $257,495,000 Series 2020 Tax-Exempt Fixed Rate Bonds Objectives With its 2020 financing, United Health Services Hospital (“UHSH”) sought to finance the revitalization project on its Wilson campus as well as the implementation of a new EPIC IT system. In addition, UHSH sought to … Continued
Pricing Date: August 11, 2020 Expected Closing Date: August 18, 2020 $400,000,000 Series 2020 Bonds Objectives With its 2020 plan of finance, Yale New Haven Health (“YNHH”) sought to bolster its Balance Sheet liquidity and take advantage of low interest rates, while maintaining existing ratings and moving rapidly towards execution. Challenges With its proximity to … Continued
Bond Sale Date: August 5, 2020 $51,240,000 Series 2020 Tax-Exempt Fixed Rate Bonds Objectives Given favorable market conditions, Boulder aimed to take advantage of low interest rates to convert intermediate debt to long-term fixed, reimburse itself for prior capital expenditures, and remediate a portion of existing debt used to finance assets at risk of becoming … Continued