Client Transactions

Melio & Company advised Memorial Hermann Health System on the issuance of $41 million of Series 2013D variable rate bonds

Memorial Hermann

In March 2013, on behalf of Memorial Hermann Health System, Harris County Cultural Education issued $41,435,000 of Series 2013D variable rate revenue refunding bonds. The bonds were underwritten by Wells Fargo Bank.

The proceeds from the sale of the bonds will be used to refund a portion of the refunded bonds, Series 2008D-2, 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 pay costs of issuance of the bonds.