Client Transactions

Melio & Company advised Memorial Hermann Health System on the issuance of $122 million of Series 2013B index rate bonds

Memorial Hermann

In March 2013, on behalf of Memorial Hermann Health System, Harris County Cultural Education issued $122,135,000 of Series 2013B index rate revenue refunding bonds. The bonds were underwritten by J.P. Morgan.

The proceeds from the sale of the bonds will be used to refund Series 2008C to reduce its exposure to commercial bank credit and possible fee increases and to free up borrowing capacity for other corporate purposes as they may arise from time to time; and to pay costs of issuance of the bonds.