Client Transactions

Melio & Company advised on the amendment of self-liquidity and modification of the hybrid line of credit agreement for $47,500,000 on 2004A Bonds with Bank of America

In July 2011, on behalf of Cone Health, Melio & Company issued an RFP for liquidity capacity, pricing, terms, and structuring options for over for $280 million, of which included $47.5 million amendment of the self-liquidity agreement and modification of hybrid line of credit for the Series 2004A Bonds. Through the RFP process, Cone Health was able to diversify bank exposure and reduce puttable debt while securing the lowest cost and most favorable terms.

The Series 2004A self-liquidity and line or credit were amended and modified by Bank of America.