The credit progress refunded the latest 2011 Insured Securities and you can paid down an covered mortgage out of Ca Lender and Trust

• Economic Advisor: Herbert J. Sims & Co
• Thread The advice: Kutak Stone LLP

insured $5,250,000 away from California Civil Finance Power Insured Refunding Cash Bonds to own St. John’s Well Youngster. The brand new reimbursed ties mature to the December step one, 2041 and were priced with a pretty much all-For the Correct Desire Cost of step three.76 %. The latest refinance resulted in a net establish really worth discounts of $541, or, %.

covered $34,355,000 out of Ca Municipal Loans Power Covered Cash Refunding Ties for Institute towards the Ageing (IOA). The credit was utilized so you’re able to refinance established Insured 2008 Securities, that was regularly create a blended-play with sensible senior flat building with an onsite senior wellness solution business. The 2017 Bonds mature from inside the August 2038 and you can valued that have an All-In Real Attention Cost of step 3.92 percent. This new re-finance will save IOA more $4 million indebted provider money, that have an online present really worth coupons out of 11.8 percent.

The net establish really worth coupons are nine

insured $54,045,000 regarding California Municipal Finance Authority Covered Cash Refunding Bonds to own Channing House. The financing was applied so you can re-finance existing Insured 2010 Ties, that has been regularly create a medical Center with twenty seven assisted life bedrooms, a 26-bed competent breastfeeding facility, and incorporate an additional 14 independent life gadgets toward home-based tower. Channing Domestic is now offering 191 separate life units. The fresh new 2017 Ties mature may 15, 2040 and you may is actually valued which have a virtually all-From inside the Real Notice Price of cuatro.04 per cent. 4 %.

covered $4,700,000 away from Ca Civil Finance Expert Insured Refunding Cash Securities to own Southern Ca Innovation Company of VOA, Inc. The fresh new securities mature to the December step 1, 2036 and you can have been valued with an almost all-During the Correct Focus Price of 4.09 per cent. The fresh re-finance resulted in a web present really worth deals out of 8.76 percent.

• Thread Underwriter: Piper Jaffray
• Economic Advisory: Wulff, Hansen & Co.
• Thread Guidance: BrianQuint Quint & Thimmig LLP

The financing was applied to pay off present ties and you can label money and additionally be always revise current organization homes developmentally disabled clients

Toward covered $twenty two,080,000 off California Civil Loans Power Insured Revenue Securities getting Eden Valley Properties. The brand new 2016 Ties funded the conclusion off 18 private memories worry bed room, reimbursed opportunity costs linked to the construction regarding a parking design, and you will refinanced its Insured 2005 Securities. The brand new refunded ties mature into the 2047 as well as the All of the-For the Real Appeal Prices try 4.51 %. The new re-finance contributed to an internet expose well worth discounts off $669,945, or 7.six percent.

Toward insured $36,055,000 from Ca Civil Finance Power Covered Elderly Life style Refunding Money Securities to possess Pilgrim Input Claremont. New 2016 Bonds funded $nine million dollars from inside the resource advancements, plus improve refunding its Insured 2009 Securities. The latest bonds mature in 2046 as well as the The-When you look at the Genuine Interest Prices are cuatro.46 %. The newest refinance led to an online introduce really worth coupons of $step 1.5 billion, otherwise 6.thirty-five per cent.

insured $cuatro,055,000 off California Civil Money Authority Insured Refunding Funds Bonds to own Mountain Nation Society Medical center. The credit was applied so you can re-finance current ties. New 2016 Bonds adult on the November 1, 2037 and you may is listed with a just about all-Within the Real Focus Cost of step three.46 percent. The web based present worthy of coupons was 8.37 percent.

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• Thread Underwriter: Piper Jaffray
• Financial Advisory: Gary Hicks
• Thread Guidance: Brian Quint Quint & Thimmig LLP

covered $ten,350,000 regarding Ca Statewide Communities Invention Expert Covered Fitness Place Revenue Ties and you can $dos,890,000 out of Nonexempt Covered Cash Ties to own Slope Tincture Service Group. New 2016 Securities adult with the January step 1, 2041 and you can try valued which have a nearly all-In True Notice Price of step 3.71 per cent. The online establish really worth savings was per cent.