Month: January 2021

Pricing Date: January 14, 2021 $71,615,000 Series 2021 Bonds Serial Bond Maturities: 2022-2038 Term Bond Maturities: 2042 Objectives Cheyenne Regional Medical Center (“CRMC”) sought to take advantage of the current low-rate environment to refund existing debt to generate cash flow and present value savings. The goal was to achieve the lowest Yield to Maturity possible. … Continued

Pricing Date: December 21, 2020 Closing Date: January 13, 2021 $299,371,500 FHA 223(f) Maturity Date: July 6, 2046 Objectives MaineGeneral Medical Center (MGMC) sought to lower the cost of its existing debt and alleviate pressure from its onerous covenants. Its $279 million of existing bonds had an average coupon of 6.90%, with annual debt service … Continued