Ziegler Closes $42.54 Million Beacon Hill at Eastgate Financing
(PRWEB)
Ziegler, a specialty investment bank, is pleased to announce the successful closing of the Michigan
Beacon Hill, a
Beacon Hill initially contemplated a bifurcated structure with approximately
The proceeds of the Series 2017A Bonds, together with certain other monies held by the Borrower, will be used to (a) refund the outstanding tax-exempt Series 2015A, 2015B, 2015C and 2015D Bonds held by
"
"Beacon Hill is a valued client and I am pleased that we were able to eliminate the risks associated with bank debt at a low cost of capital as that reaffirms Beacon Hill's financial viability," added
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, investment management, seed capital, FHA/HUD, capital and strategic planning as well as senior living research, education, and communication.
For further information on the structure and use of this issue, please see the Official Statement located on the Electronic Municipal Market Access system's Document Archive.
For more information about Ziegler, please visit us at http://www.Ziegler.com.
About Ziegler:
Ziegler is a privately held investment bank, capital markets and proprietary investments firm. Specializing in the healthcare, senior living and education sectors, as well as general municipal and structured finance, enables Ziegler to generate a positive impact on the clients and communities it serves. 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
Read the full story at http://www.prweb.com/releases/2018/01/prweb15083871.htm
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