Closed Bond Issues
Area Cooperative Educational Services (ACES) Issue, Series B
|Borrower:||Area Cooperative Educational Services|
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. Terms of the transaction included a 20-year amortization and maturity with a 10-year mandatory tender.
|Underwriter/ Placement Agent:|
|Closing Date:||August 04, 2022|
|Final Maturity:||July 01, 2042|