The credit advance reimbursed the fresh 2011 Insured Ties and you may repaid a keen covered mortgage from California Lender and Trust

• Monetary Mentor: Herbert J. Sims & Co
• Bond Guidance: Kutak Rock LLP

insured $5,250,000 off California Civil Fund Expert Covered Refunding Money Securities having St. John’s Better Child. The fresh new reimbursed bonds mature towards the December 1, 2041 and you may was in fact cost having a most-For the Genuine Attract Cost of step 3.76 percent. The newest re-finance led to a web establish worthy of discounts out-of $541, otherwise, per cent.

insured $34,355,000 regarding California Civil Finance Authority Insured Revenue Refunding Securities having Institute toward Ageing (IOA). The credit was used so you can re-finance present Insured 2008 Securities, which had been accustomed construct a blended-fool around with sensible elderly flat building with an on-site elderly wellness service facility. This new 2017 Securities adult inside August 2038 and you will listed that have an All-Inside Real Attract Cost of step three.ninety five percent. The refinance is going to save IOA over $4 billion in financial trouble services costs, that have an internet expose value discounts away from 11.8 percent.

The web based present really worth deals is actually 9

covered $54,045,000 of Ca Municipal Funds Power Covered Money Refunding Ties for Channing House. The financing was used so you’re able to refinance existing Insured 2010 Securities, that has been always build a medical Center having 27 helped living beds, a great twenty six-bed skilled medical studio, and to put an extra 14 independent life devices toward home-based tower. Channing House presently has 191 independent lifestyle tools. The brand new 2017 Securities mature may fifteen, 2040 and you may was cost that have a pretty much all-When you look at the Correct Desire Cost of 4.04 percent. 4 %.

insured $cuatro,700,000 out-of Ca Civil Financing Expert Insured Refunding Revenue Ties to own Southern California Invention Agency off VOA, Inc. The brand new ties adult with the December 1, 2036 and you can was listed which have an all-In the Real Interest Price of 4.09 %. The refinance resulted in an internet introduce really worth savings off 8.76 percent.

• Thread Underwriter: Piper Jaffray
• Monetary Advisory: Wulff, Hansen & Co.
• Thread Counsel: BrianQuint Quint & short term installment loans Florida Thimmig LLP

The financing was applied to settle established bonds and you will label fund and will also be accustomed revision current institution construction developmentally handicapped members

For the insured $22,080,000 away from Ca Municipal Finance Power Covered Funds Securities to possess Heaven Valley Locations. The brand new 2016 Bonds funded the completion away from 18 individual memories worry room, refunded enterprise costs about the development away from a parking build, and you will refinanced its Insured 2005 Ties. The fresh new refunded securities mature in 2047 together with All the-Into the Genuine Interest Prices is actually 4.51 percent. This new refinance triggered a websites establish worthy of coupons away from $669,945, otherwise seven.six %.

Towards insured $thirty six,055,000 out-of California Civil Loans Power Covered Senior Lifestyle Refunding Cash Securities to own Pilgrim Put in Claremont. The latest 2016 Securities funded $nine billion cash from inside the resource improvements, in addition to improve refunding their Insured 2009 Ties. The new bonds mature within the 2046 plus the The-When you look at the Real Appeal Prices was cuatro.46 %. Brand new refinance led to a net present worth coupons away from $1.5 million, otherwise 6.thirty five per cent.

covered $cuatro,055,000 off Ca Municipal Financing Authority Covered Refunding Money Ties to have Hill Country Community Medical center. The credit was utilized to help you refinance established securities. The fresh 2016 Ties mature to the November step 1, 2037 and you may is actually charged that have a nearly all-From inside the True Attract Cost of step 3.46 %. The internet present worthy of coupons is actually 8.37 %.

• Bond Underwriter: Piper Jaffray
• Financial Consultative: Gary Hicks
• Thread Counsel: Brian Quint Quint & Thimmig LLP

insured $10,350,000 off California Statewide Communities Development Power Insured Fitness Business Funds Ties and $2,890,000 out of Taxable Covered Cash Bonds to possess Mountain Tincture Service Category. The newest 2016 Ties adult with the January step 1, 2041 and was priced that have an almost all-Within the Correct Focus Cost of 3.71 per cent. The online present really worth offers try per cent.