Ziegler Closes $50 Million Series 2018 Bonds For Ohio Dominican University
CHICAGO (PRWEB) February 22, 2019 -- Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $49,980,000 Series 2018 financing for Ohio Dominican University. The Series 2018 tax-exempt bonds were non-rated, and were issued through the Columbus-Franklin County Finance Authority. Proceeds from the Series 2018 Bonds will be used primarily to refund several existing bank loans and fund various campus projects.
Ohio Dominican University is a Catholic liberal arts university, founded in the Catholic and Dominican traditions in 1911. The University offers 40 undergraduate majors and nine graduate degrees, with enrollment of over 1,700 students. The campus is situated on 75 acres in Columbus, Ohio and is central Ohio’s Catholic University.
“This was an exciting financing to work on for the University,” commented Brian Riordan, Managing Director of Ziegler’s Higher Education Finance Practice. “The refinance marks a critical step in helping Ohio Dominican implement its strategic plan. The University is well positioned for future success, with strong support from University leadership. We were honored to partner with Ohio Dominican on this very important refinancing.”
Dr. Robert Gervasi, President of Ohio Dominican University added, “We cannot say enough positive things about the professionalism and expertise with which Brian Riordan and the Ziegler team led our refinancing effort. It is safe to say Ziegler pushed us to broaden our mindset about how to properly tell the Ohio Dominican story. They provided sound advice throughout the marketing process and achieved outstanding results which will help us to fulfill our mission, while embracing both tradition and innovation here at Ohio Dominican University.”
Ziegler is one of the nation’s leading underwriters of financing not-for-profit borrowers. Ziegler offers creative, tailored solutions to its higher education clients, including investment banking, financial risk management, merger and acquisition services, private placement services, USDA financing, capital and strategic planning as well as higher education research, education and communication.
For further information on the structure and use of this issue, please see the Official Statement located on the Electronic Municipal Market Access system’s Document Archives, and visit us at http://www.ziegler.com.
For more information about Ziegler, please visit us at http://www.ziegler.com.
About Ziegler:
Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. We have a unique focus on healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, fixed income sales & trading and research. To learn more, visit http://www.ziegler.com.
Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.
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Christine, Ziegler, http://www.ziegler.com, 3125961617, [email protected]
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