Closed Bond Issues
American School for the Deaf Issue, Series A
Par Amount: | 14000000 |
---|---|
Borrower: | American School for the Deaf |
Purpose: |
The Series A proceeds will be used to finance: the construction, equipping and furnishing of two, single-floor dormitories of approximately 8,000 square feet each with a total of 60 beds; construction, equipping and furnishing of two multi-purpose sports courts and other capital expenditures. Approximate project costs are estimated to be $13.63 million: Dorms – $13.33 million; and sports courts – $300,000. Construction is expected to begin in the summer of 2023 with the completed facilities made available for occupancy in the fall of 2024. |
Underwriter/ Placement Agent: |
|
Sector: | Independent Schools |
Closing Date: | April 26, 2023 |
Final Maturity: | May 01, 2053 |
Yield: | 3.79% |