Melio & Company advised Trinity Health on the issuance of $350 million of Series 2015 Taxable Fixed Rate Bonds.
In February 2015, the Trinity Health issued $350,000,000 of Series 2015 taxable fixed rate Bonds. The bonds were underwritten by Goldman Sachs, Bank of America Merrill Lynch, J.P. Morgan and Wells Fargo Securities. After tremendous volatility in the taxable fixed income capital markets, Trinity Health was able to secure the lowest cost of capital and most favorable terms.
The proceeds from the sale of the Series 2015 Bonds will be used for financing corporate purposes of the corporation and its affiliates.