Client Transactions

Melio & Company advised the Washington Health Care Facilities Authority on the issuance of $74.4 million of Series 2012A & B fixed rate bonds.

Washington HealthCare Facilities

In May 2012, the Washington Health Care Facilities Authority issued $46,335,000 of Series 2012A fixed rate revenue bonds and $28,055,000 of Series 2012B fixed rate refunding revenue bonds. The bonds were underwritten by Goldman, Sachs & Co., J.P. Morgan and Wells Fargo Securities.

The proceeds from the sale of the bonds will be loaned to Seattle Children’s Hospital for the purpose of providing part of the funds necessary to (1) pay and/or reimburse for the costs of acquiring, constructing, renovating and equipping certain health care facilities owned and operated by Seattle Children’s Hospital; and (2) to advance refund and defease a portion of the outstanding Series 2009 revenue bonds.