Client Transactions

Melio & Company advised Oregon Health& Science University on the issuance of $19.1 million of variable rate Series 2012C bonds.

Oregon Health & Science University logo

In May 2012, Oregon Health & Science University issued $19,125,000 of the Series 2012Cvariable rate revenue bonds.Payment of principal and interest oneach series of the Series 2012C willinitially be secured by a separate direct-pay LOC, to be issued by US Bank. Pursuant to Bond Purchase Contract with OHSU, the bonds were underwritten by U.S. Bank.

USBank logo

The proceeds of the sale of theSeries 2012Cbondsthat are being issued concurrently with the Series 2012B bonds will be used to (i) refund a portion of its Variable Rate Demand Revenue Bonds, Series 2009B-2, (ii) finance new capital projects, and (iii) pay certain costs of issuing the Bonds.