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Hoffman SummerWood Issue, Series C

Borrower: 
Hebrew Life Choices, Inc.
Par Amount: 
$14,500,000
Purpose: 

Bond proceeds provided for the refinancing of SummerWood's 2007 Series B bonds which were backed by a TD Bank direct pay letter of credit.  Hebrew Life Choices, Inc. is a 501(c)(3) corporation which owns and operates a 108-unit rental independent living apartment community known as the Hoffman SummerWood Community located in West Hartford.

Private Placment - TD Bank, N.A.
Closing Date: 
December 18, 2017
Final Maturity: 
December 20, 2047
Yield: 
3.16%
Anticipated Board Approval: 
Wednesday, October 18, 2017

For further information, search EMMA for this issue.