The credit advance refunded this new 2011 Covered Securities and you will paid an covered bank loan away from Ca Financial and you may Trust
- Monetary Advisor: Herbert J. Sims & Co
- Thread Guidance: Kutak Material LLP
insured $5,250,000 away from California Municipal Loans Expert Insured Refunding Money Ties getting St. John’s Well Child. The fresh reimbursed bonds adult into the December step 1, 2041 and you can was indeed priced which have a nearly all-In Real Interest Cost of step three.76 per cent. The new re-finance triggered a net introduce value offers of $541, otherwise, percent.
covered $34,355,000 out of California Civil Money Authority Covered Funds Refunding Securities to own Institute towards Ageing (IOA). The financing was used so you’re able to re-finance established Covered 2008 Securities, that has been regularly construct a combined-have fun with sensible senior flat building that have an on-site older health provider business. New 2017 Securities adult within the August 2038 and you can cost with an enthusiastic All-During the Correct Desire Price of step 3.92 %. The newest refinance could save IOA more $cuatro mil indebted services payments, with a web establish value discounts regarding eleven.8 %.
The net introduce value deals is nine
covered $54,045,000 out of Ca Civil Funds Power Covered Revenue Refunding Securities getting Channing Household. The financing was utilized so you’re able to refinance current Covered 2010 Ties, that has been always build a health Cardio which have twenty seven aided traditions beds, a good twenty six-bed skilled nursing facility, in order to put an additional 14 separate way of life devices on home-based tower. Channing House now has 191 independent life systems. The 2017 Bonds mature may fifteen, 2040 and you will is actually priced that have a just about all-Within the True Notice Price of 4.04 per cent. 4 per cent.
covered $4,700,000 out-of Ca Civil Financing Power Insured Refunding Funds Ties to have South California Creativity Company regarding VOA, Inc. The newest securities adult to your December step one, 2036 and have been valued with a pretty much all-Within the Real Focus Cost of 4.09 per cent. The brand new refinance lead to an online present worth coupons regarding 8.76 %.
- Thread Underwriter: Piper Jaffray
- Monetary Consultative: Wulff, Hansen & Co.
- Thread Guidance: BrianQuint – Quint & Thimmig LLP
The credit was utilized to settle existing ties and title fund and will also be always inform existing institution property developmentally handicapped customers
Towards insured $twenty-two,080,000 of California Civil Finance Power Insured Money Bonds to have Heaven Valley Estates. New 2016 Securities funded the culmination regarding 18 private recollections proper care bedroom, refunded project costs about the development from a vehicle parking framework, and you will refinanced the Covered 2005 Ties. The new refunded securities adult inside the 2047 and the Most of the-Inside Correct Attract Pricing is actually 4.51 percent. The newest re-finance triggered an online establish worth savings off $669,945, otherwise seven.six %.
To your insured $thirty-six,055,000 of Ca Municipal Finance Power Covered Senior Living Refunding Revenue Ties having Pilgrim Place in Claremont. The fresh 2016 Bonds funded $9 million dollars when you look at the financial support developments, and advance refunding its Covered 2009 Securities. The fresh new securities adult inside 2046 and also the Most of the-For the Correct Focus Prices is actually cuatro.46 per cent. This new refinance contributed to a web introduce worthy of offers away from $step one.5 mil, or 6.thirty-five %.
insured $cuatro,055,000 away from Ca Municipal Fund Authority Insured Refunding Cash Securities to own Hill Nation Community Clinic. The financing was applied in order to refinance present bonds. Brand new 2016 Bonds adult with the November step 1, 2037 and you will is actually priced that have a practically all-Within the Real Focus Cost of step three.46 %. The online establish worthy of coupons try 8.37 percent.
- Thread Underwriter: Piper Jaffray
- Monetary Consultative: Gary Hicks
- Bond The recommendations: Brian Quint – Quint & Thimmig LLP
covered $10,350,000 regarding California Statewide Groups Invention Authority Insured Health Business Cash Ties and $2,890,000 from Taxable Covered Cash Securities to possess Mountain Tincture Assistance Classification. The new 2016 Bonds adult on January step 1, 2041 and are cost which have a pretty much all-Inside Real Desire Cost of step 3.71 %. The web introduce value offers was percent.