The financing get better refunded the 2011 Covered Ties and you may paid down an covered mortgage out-of California Bank and Trust

• Financial Coach: Herbert J. Sims & Co
• Bond Counsel: Kutak Rock LLP

covered $5,250,000 from Ca Civil Financing Expert Insured Refunding Funds Securities to have St. John’s Well Child. The latest reimbursed bonds adult with the December 1, 2041 and you may were listed that have a most-From inside the Real Attract Cost of step 3.76 %. This new re-finance resulted in a net establish worth coupons out-of $541, otherwise, percent.

covered $34,355,000 away from California Municipal Financing Expert Insured Funds Refunding Bonds having Institute towards Ageing (IOA). The credit was used to help you refinance present Covered 2008 Securities, which had been familiar with build a mixed-fool around with reasonable elder apartment strengthening having an onsite senior fitness service business. This new 2017 Securities adult for the August 2038 and listed which have a keen All-In the Real Appeal Cost of step three.ninety-five per cent. This new re-finance is going to save IOA over $4 million indebted service costs, which have an internet establish really worth savings out of 11.8 percent.

The web establish well worth savings is nine

insured $54,045,000 of California Civil Fund Power Covered Money Refunding Securities to have Channing Domestic. The credit was used so you can re-finance present Insured 2010 Bonds, that has been used to construct a health Cardiovascular system having twenty-seven helped living beds, an why not try here effective twenty-six-bed skilled medical studio, in order to include an extra fourteen independent life tools on the home-based tower. Channing Home presently has 191 independent way of living equipment. This new 2017 Bonds mature on 15, 2040 and are charged having a virtually all-For the Real Interest Price of cuatro.04 per cent. 4 per cent.

covered $cuatro,700,000 away from California Municipal Money Authority Insured Refunding Money Securities for South California Invention Company from VOA, Inc. The fresh new ties adult on December step 1, 2036 and you may was listed with a the majority of-Inside the Correct Attention Cost of 4.09 percent. This new re-finance triggered a web introduce value discounts regarding 8.76 %.

• Bond Underwriter: Piper Jaffray
• Monetary Consultative: Wulff, Hansen & Co.
• Thread Counsel: BrianQuint Quint & Thimmig LLP

The credit was used to settle established bonds and term loans and also be used to change established place property developmentally handicapped members

Towards the covered $twenty two,080,000 off Ca Municipal Loans Power Insured Money Bonds having Eden Valley Properties. This new 2016 Bonds financed the conclusion out of 18 private recollections care and attention rooms, reimbursed opportunity costs regarding the development from a vehicle parking structure, and you will refinanced its Covered 2005 Securities. New refunded bonds adult inside 2047 and also the Most of the-Inside the Genuine Appeal Costs try cuatro.51 %. The re-finance lead to a net present really worth coupons out of $669,945, or eight.six percent.

On the covered $thirty-six,055,000 away from California Municipal Financing Authority Covered Older Traditions Refunding Revenue Securities having Pilgrim Place in Claremont. New 2016 Bonds funded $9 billion bucks during the investment developments, along with get better refunding the Insured 2009 Securities. The latest bonds mature in the 2046 in addition to Every-From inside the Correct Desire Costs are cuatro.46 %. The newest refinance lead to an online establish really worth coupons from $1.5 mil, otherwise 6.35 per cent.

covered $cuatro,055,000 out-of California Municipal Finance Authority Insured Refunding Cash Securities getting Mountain Nation Neighborhood Infirmary. The financing was used to help you refinance established bonds. Brand new 2016 Ties adult into November step 1, 2037 and you will are cost that have a nearly all-When you look at the Real Interest Cost of step three.46 percent. The internet expose worth deals was 8.37 per cent.

• Bond Underwriter: Piper Jaffray
• Monetary Consultative: Gary Hicks
• Bond The advice: Brian Quint Quint & Thimmig LLP

insured $10,350,000 off California Statewide Communities Development Power Covered Health Organization Cash Ties and $dos,890,000 off Taxable Insured Revenue Ties getting Slope Tincture Assistance Group. The latest 2016 Bonds adult for the January step 1, 2041 and you may are priced with an almost all-For the Correct Focus Price of step 3.71 per cent. The internet establish value coupons was %.