Client Transactions

Melio & Company advised on the replacement of $50,000,000 SBPA on 1995 Bonds with Wells Fargo Bank

NorthShore logo

In September 2010, on behalf of NorthShore University HealthSystem, Melio & Company issued an RFP for $200,000,000, a part of which included a $50,000,000 SBPA for the Series 1995 variable rate adjustable demand revenue bonds which was expiring. Through the RFP process, Melio & Company was able to diversify bank exposure while achieving the lowest cost and most favorable terms.

Well Fargo

The SBPA for the Series 1995 variable rate adjustable demand revenue bonds was replaced with Wells Fargo Bank as the new SBPA provider.