Ziegler, a specialty investment bank, is pleased to announce the successful closing of the
Proceeds of the Series 2014 Bonds will be used to finance the costs of The Summit project; refinance outstanding indebtedness; pay a portion of the interest on the bonds during the construction of the project (approximately 26 months); fund debt service reserve funds; and pay certain costs relating to the issuance of the Series 2014 Bonds.
Mary MuÑoz, Managing Director in Ziegler’s Senior Living practice, commented, “It is exciting to see
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.
Since 1902, Ziegler has grown to become a full-service, specialty investment bank and broker-dealer. Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading, wealth management, and research. Specializing in the healthcare, senior living, education, and religion sectors, Ziegler is committed to advancing the health, wealth and well-being of our clients.
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.
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Read the full story at http://www.prweb.com/releases/2014/02/prweb11594871.htm
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