Closed Bond Issues
Brunswick School Issue, Series E
Par Amount: | 28210000 |
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Borrower: | Brunswick School |
Purpose: |
Proceeds from the Series E bonds will be used to finance the acquisition of a parcel which includes 15 buildings comprising more than 92,000 square feet, playgrounds, playing fields, courtyards and tennis courts. The School intends to move its Pre School with an enrollment of 90 boys to the new campus in addition to the creation a new day care for up to 50 infants to preschool-age children. The creation of the day care is intended to support Brunswick’s strategic initiatives. Brunswick intends to also renovate up to four buildings into 16 units for employee housing. |
Underwriter/ Placement Agent: |
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Sector: | Independent Schools |
Closing Date: | October 03, 2023 |
Final Maturity: | June 01, 2038 |
Yield: | 4.17% |