Client Transactions

Melio & Company advised on the replacement of a $72,755,000 LOC on 2007 Bonds with PNC Bank

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Keep Memory Alive

In November 2010, on behalf of Cleveland Clinic and Keep Memory Alive, Melio & Company issued an RFP to renew or replace the Series 2007 $72,755,000 LOC to support the Cleveland Clinic’s non-obligated group debt of Keep Memory Alive. Through the RFP process, Melio & Company was able to secure the lowest cost and most favorable terms for Cleveland Clinic’s non-obligated group debt.

PNC

The LOC for the Series 2007 bonds was replaced with PNC Bank.