Client Transactions

Melio & Company advised Memorial Hermann Health System on the issuance of $322 million of Series 2013A fixed rate bonds

Memorial Hermann

In March 2013, on behalf of Memorial Hermann Health System, Harris County Cultural Education issued $321,940,000 of Series 2013A fixed rate revenue refunding bonds. The bonds were underwritten by J.P. Morgan, RBC Capital Markets, Wells Fargo Bank, and Citigroup Global Markets.

The proceeds from the sale of the bonds will be used to advance refund a portion of the outstanding fixed rate Series 2004A and all of the outstanding fixed rate Series 2008B, to realize savings in interest expense and pay costs of issuance of the bonds.