Client Transactions

Melio & Company advised on the renewal of a $32,000,000 LOC on 2003 Bonds with PNC Bank

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In November 2010, on behalf of Cleveland Clinic, Melio & Company issued an RFP to renew or replace the Series 2003 $32,000,000 LOC to support the off-balance sheet debt of Carnegie/96th Research Building. Through the RFP process, Melio & Company was able to secure the lowest cost and most favorable terms for the off-balance sheet debt.


The LOC for the Series 2003 bonds was renewed with PNC Bank.