Client Transactions

Melio & Company advised ProMedica Healthcare Obligated Group on the issuance of $273 million of Series 2015A Taxable Bonds.

In September 2015, on behalf of ProMedica Healthcare Obligated Group, The Toledo Hospital issued $273,000,000 of Series 2015A fixed rate taxable bonds. The bonds were underwritten by Barclays, Citigroup, Fifth Third Securities, and PNC Capital Markets.

The proceeds from the sale of the Series 2015A Bonds will be used for authorized corporate purposes of Toledo Hospital Corporation and other affiliates of ProMedica Health System, including to finance or refinance capital expenditures and pay current operating expenses