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Closed Bond Issues

Area Cooperative Educational Services (ACES) Issue, Series B

Par Amount:12772748
Borrower:Area Cooperative Educational Services
Purpose:

The Series B proceeds will be used to refinance a portion of the $16 million acquisition price of the Wintergreen Elementary School, containing approximately 83,000 square feet on 11 acres with 200 parking spaces. Approximately 25,000 square feet of the building will be leased to the Hamden Board of Education for one year.

Underwriter/ Placement Agent:
  • Private Placement – Key Government Finance
Sector:Independent Schools
Closing Date:August 04, 2022
Final Maturity:July 01, 2042
Yield:4.39%