Client Transactions

Melio & Company advised Memorial Hermann Health System on the issuance of $70.425 million of Series 2014 B Index Floating Rate Bonds.

Memorial Hermann logo

In June 2014, on behalf of Memorial Hermann Health System, Harris County Cultural Education Facilities Finance Corporation issued $70,425,000 of Series 2014 B Index Floating Rate Bonds. The bonds were underwritten by J.P. Morgan. Memorial Hermann Health System was able to secure the lowest cost of capital and most favorable terms.

The proceeds of the sale of the Series 2014 B Bonds will be used to (i) finance a number of capital projects for Memorial Hermann Health System and its affiliates; and (ii) pay certain costs and expenses incurred in connection with the issuance of the Series 2014 B Bonds.