The credit progress reimbursed the latest 2011 Covered Bonds and you can paid down a keen covered mortgage out-of California Bank and Trust

• Economic Advisor: Herbert J. Sims & Co
• Thread The recommendations: Kutak Material LLP

insured $5,250,000 of Ca Municipal Financing Authority Covered Refunding Money Ties for St. John’s Really Child. Brand new refunded bonds adult towards December step one, 2041 and was indeed charged having a nearly all-When you look at the Correct Notice Cost of 3.76 percent. The fresh new re-finance lead to a websites introduce value deals of $541, otherwise, %.

insured $34,355,000 from Ca Municipal Fund Authority Insured Cash Refunding Securities having Institute into the Aging (IOA). The credit was utilized to help you refinance existing Covered 2008 Securities, which was familiar with make a combined-explore reasonable older flat building having an onsite elderly health solution business. New 2017 Securities adult inside August 2038 and you will valued having an All-Into the Real Notice Price of step 3.ninety five %. Brand new refinance helps you to save IOA more than $cuatro billion in debt installment loans online Austin Mississippi service payments, which have a web introduce worthy of offers away from 11.8 %.

The web based expose well worth coupons is actually nine

covered $54,045,000 out-of California Municipal Finance Power Covered Funds Refunding Ties getting Channing House. The financing was used in order to re-finance current Covered 2010 Ties, that has been always make a healthcare Cardio having twenty seven assisted way of life bedrooms, good twenty six-bed competent medical business, and put an extra fourteen independent way of life products on domestic tower. Channing Household now has 191 independent lifestyle systems. The fresh new 2017 Ties mature on may 15, 2040 and you may are cost that have a virtually all-For the Genuine Attention Price of 4.04 %. 4 %.

insured $4,700,000 regarding Ca Civil Loans Expert Insured Refunding Cash Bonds having Southern Ca Advancement Company from VOA, Inc. The fresh bonds mature for the December step 1, 2036 and was basically priced with a nearly all-Inside the Genuine Attention Cost of 4.09 per cent. This new re-finance resulted in a web present really worth coupons out of 8.76 per cent.

• Thread Underwriter: Piper Jaffray
• Financial Consultative: Wulff, Hansen & Co.
• Bond The recommendations: BrianQuint Quint & Thimmig LLP

The financing was applied to pay off established ties and you may title financing and additionally be familiar with update current institution construction developmentally disabled readers

On covered $twenty two,080,000 out-of Ca Municipal Money Power Covered Revenue Bonds to have Heaven Valley Properties. The new 2016 Bonds financed the culmination away from 18 individual recollections care and attention room, refunded investment costs connected with the development off a parking structure, and you will refinanced its Insured 2005 Bonds. The latest refunded ties mature inside the 2047 plus the All the-Into the Real Notice Prices was 4.51 per cent. The latest refinance resulted in a net present really worth deals out-of $669,945, or eight.six per cent.

With the insured $thirty-six,055,000 from Ca Civil Loans Expert Covered Senior Way of living Refunding Funds Bonds to have Pilgrim Added Claremont. The brand new 2016 Securities funded $9 million cash inside funding developments, also get better refunding the Covered 2009 Bonds. This new securities adult during the 2046 as well as the Most of the-Into the True Attention Costs is cuatro.46 %. The fresh new refinance led to a web present value discounts out-of $1.5 million, otherwise six.thirty five %.

insured $cuatro,055,000 from Ca Civil Finance Expert Covered Refunding Money Securities to have Mountain Country Area Infirmary. The financing was applied so you can refinance current securities. New 2016 Securities mature toward November step one, 2037 and you will is actually cost having a most-From inside the True Appeal Cost of 3.46 per cent. The web expose worthy of coupons try 8.37 %.

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

covered $ten,350,000 from Ca Statewide Organizations Development Authority Covered Health Place Revenue Securities and $dos,890,000 from Taxable Covered Money Securities to own Hill Shadows Service Category. The brand new 2016 Bonds adult to your January step one, 2041 and you may was listed which have a nearly all-Inside the Genuine Appeal Price of step three.71 percent. The internet expose well worth deals are %.