Ziegler, a specialty investment bank, is pleased to announce the successful closing of a
UMRH is a multi-site CCRC operator with three campuses in
Ziegler served as the placement agent for a series of transactions that impacts four existing UMRH debt obligations. Proceeds from the Series 2014 Bonds, the first in the series of transactions, will be used to: a) refund a portion of the outstanding Series 2005B Bank Qualified Loan; b) refund in their entirety the outstanding Series 2004A Fixed-Rate Bonds; c) refund a portion of the outstanding Series 2005A Bonds and d) pay certain costs of issuance associated with the refinancing.
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 more information about Ziegler, please visit us at http://www.Ziegler.com.
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 U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.
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Read the full story at http://www.prweb.com/releases/2014/09/prweb12145777.htm
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