Client Transactions

Melio & Company advised ProMedica Healthcare Obligated Group on the issuance of $46.755 million of Series 2015B Fixed Rate Bonds.

In September 2015, on behalf of ProMedica Healthcare Obligated Group, County of Lucas, Ohio issued $46,755,000 of Series 2015B fixed rate revenue bonds. The bonds were underwritten by Barclays, Citigroup, Fifth Third Securities, and PNC Capital Markets.

The proceeds from the sale of the Series 2015B Bonds, together with certain other available funds, will be used to (i) finance or refinance costs of acquiring, constructing, renovating, equipping, furnishing and improving health care facilities in Ohio owned by the Obligated Group Members; and (ii) pay certain costs of issuing the Series 2015B Bonds.