Month: October 2021

Sentara Healthcare Series 2021 and 2021A

By

Pricing Date: October 7, 2021 Closing Date: October 14, 2021 $156,035,000 Series 2021A Tax-Exempt Bonds $300,000,000 Series 2021 Taxable Bonds Opportunities The Series 2012A fixed rate bonds provide refunding savings potential, but are not currently callable until August 2022. Fast growing health system in Virginia/North Carolina with potential for future expansion. Historically low leverage and … Continued

Q3 2021 M&A Activity

By

Fewest announced change of control transactions in over a decade Absence of small- and mid-sized community hospitals weighs down quarterly totals to lowest amount since Q4 2009. Beginning with a slow pace in July and August with only four announced transactions, activity declined in Q3 2021 with 12 announced transactions, which is the lowest quarterly … Continued