Melio & Company advised Oregon Health & Science University on the issuance of $100 million of Series 2015C (Federally Taxable) Fixed Rate Bonds.
In July 2015, Oregon Health & Science University issued $100,000,000 of Federally Taxable Fixed Rate Bonds. Barclays, J.P. Morgan, Wells Fargo Securities, and Loop Capital served as co-lead managers on the transaction. In the process, OHSU received upgrades from S&P and Fitch and an outlook change to “positive” from Moody’s.
The proceeds from the sale of the Series 2015C Bonds were used for authorized general public corporation or other public purposes of OHSU, which may include, without limitation, financing various capital expenses, non-capital expenses and costs related to the issuance of the Bonds.