Client Transactions

Melio & Company advised Cone Health on the issuance of $105.2 million of Series 2013A&C Bank Owned Bond Structure.

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In November 2013, Melio & Company served as financial advisor to Cone Health on the issuance of $105,185,000 of the Series 2013A&C fixed rate direct purchase bond structure with BMO Capital Markets.

The proceeds of the sale of the Series 2013A&C obligations will be used to pay or reimburse Cone Health for costs related to the acquisition of Alamance Regional Medical Center and Alamance Extended Care, and for new money needs.

The Series 2013A&C obligations were purchased by BMO Capital Markets through a Bank Owned Bond Structure.