Ziegler Closes $47,850,000 Financing For The Heritage Community Of Kalamazoo
Ziegler, a specialty investment bank, is pleased to announce the successful closing of the
The
HCK will use proceeds of the Series 2020AB Bonds to construct 60 independent living units to be located in a new residential structure on the western portion of its campus to be known as
The Series 2020AB Bonds consist of three tranches of tax-exempt fixed interest rate debt. The Series 2020A Bonds (
Proceeds of the Series 2020AB Bonds, along with other available funds, will be used to: (i) finance all eligible costs related to the
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. It has 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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