Ziegler Closes $109 Million Series 2019 Bonds For St. Ann's Community Project
Ziegler, a specialty investment bank, is pleased to announce the successful closing of the
St. Ann's of
St. Ann's Community began a campus-wide master plan in 2015 to continue to reposition itself in a manner to best serve their residents. Phase I (complete) included the relocation of 34 post-acute rehabilitation beds from its
Proceeds of the Series 2019 Bonds were used by St. Ann's Community, together with other available funds to, (1) fund costs of the Project, (2) fund Capitalized Interest, (3) refund the outstanding indebtedness of the
"This project provides us the flexibility to streamline our financial strategy and remain focused on offering seniors exceptional housing and health services," stated,
Ziegler is one of the nation's leading underwriters of financing for not-for-profit senior living providers. Ziegler offers creative, tailored solutions to its senior living clientele, including investment banking, financial risk management, merger and acquisition services, seed capital, FHA/HUD, capital and strategic planning as well as senior living research, education, and communication.
For more information about Ziegler, please visit us at http://www.ziegler.com.
About Ziegler:
Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. We have a unique focus on healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client's experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the
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