Client Transactions

Melio & Company advised St. Charles Health System on the issuance of $111.750 million of 2015 Senior Notes.

In June 2015, St. Charles Health System issued $111,750,000 of 2015 Senior Notes. The bonds were placed by Wells Fargo Securities and Piper Jaffray. Melio & Company conducted a competitive bidding process for a placement agent, which resulted in the lowest cost of capital as well as placement fee.

The proceeds from the sale of the 2015 Senior Notes will be used to (i) refinance the Series 2008 Bonds; and (ii) pay certain costs and expenses incurred in connection with the issuance of the 2015 Senior Notes.