finanzen.net
12.07.2019 22:00
Bewerten
(0)

Ziegler Closes $16,185,000 Series 2019 Financing for the Trinity Classical Academy Project

DRUCKEN

CHICAGO, July 12, 2019 /PRNewswire-PRWeb/ -- Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $16,185,000 Series 2019 financing for the Trinity Classical Academy Project. Proceeds from the Series 2019 Bonds, were used to purchase the nine-acre site and 48,000 square foot building, fund a debt service reserve, and costs of issuance.

Trinity Classical Academy is a private Christian School, located in Santa Clarita, California. They began operations in 2001, and in the ensuing years expanded to a full transitional kindergarten to grade 12 school. The School utilizes a classical education model, designed to prepare students for college. Since inception, Trinity has graduated seven classes. 100% of those students have been accepted to a four-year college or university, validating the strong academic model at the School.

As the School grew in size, so did the need for facilities. For many years Trinity leased space from a local church in Santa Clarita. As the space needs became greater, it made sense for Trinity to explore purchasing their own site. That decision led to purchase negotiations between Trinity and the church they were leasing from. Ultimately a purchase contract was agreed upon.

"The Ziegler team went above and beyond expectations in helping Trinity purchase our property. We have a permanent home for our students because of their incredible efforts," noted Liz Caddow, Founder & Executive Director for Trinity Classical Academy.

John Brooks, Chief Financial Officer added, "The Ziegler Team made a very complicated process flow very smoothly and they were able to provide answers to all of our questions."

"Throughout this process Ziegler had been engaged to underwrite any needed financing," explained Scott Rolfs, managing director and head of Ziegler's charter school & K-12 investment banking practice. "The Ziegler team worked with Trinity to help shape their credit for the bond market. The financing was delayed a few months as needed municipal approvals were obtained related to the purchase. The delay proved to be helpful as Trinity was able to enter the bond market during a very advantageous time."

With over 100 years of raising capital for communities, Ziegler is a recognized leader in the educational and faith based finance sector throughout the U.S. We continue that tradition with our dedicated services to the Faith Based K-12 and Higher Education markets. Ziegler provides its school clients with capital for financing new construction, refinancing existing debt or advising on future developments. As one of the few financial services firms in the country that has a dedicated team of Faith Based school finance professionals, Ziegler can offer unbiased advice to help advance your mission.

For further information on the structure and use of this issue, please see the Official Statement located on the Electronic Municipal Market Access system's Document Archives, and visit us at http://www.ziegler.com.

For more information about Ziegler, please visit us at http://www.ziegler.com.

About Ziegler:
Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. We have a unique focus on healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, fixed income sales & trading and research. To learn more, visit http://www.ziegler.com.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client's experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

 

SOURCE Ziegler

Anzeige
Anzeige
Börse Stuttgart Anlegerclub

Die richtige Strategie für die Börsenkrise

Stecken Sie nicht den Sand in den Kopf, sondern kaufen Sie die richtigen Aktien. Erfahren Sie im aktuellen Anlegermagazin mehr über attraktive Qualitätsaktien und zyklische Aktien
Kostenfrei registrieren und lesen!

Heute im Fokus

DAX beendet Handel höher -- US-Börsen mit leichtem Plus -- ams mit OSRAM-Gegenofferte -- Bayer-Strafe deutlich gesenkt -- Citigroup übertrifft Erwartungen -- Carl Zeiss Meditec, EVOTEC im Fokus

Moody's: BASF-Rating droht Herabstufung. Trump droht dem mit mauem Wachstum kämpfenden China mit neuen Zöllen. Milliardendeal zwischen Broadcom und Symantec angeblich geplatzt. OMV mit Millioneninvestition in Deutschland. Rheinmetall ergattert Großauftrag. Bitcoin rauscht unter 10.000 US-Dollar. Airbus-Aktie auf Rekordhoch.

Die 5 beliebtesten Top-Rankings

Promis
Diese Sternchen haben ihren eigenen Aktien-Index
Diese Aktien hat Warren Buffett im Depot
Die Änderungen unter den Top-Positionen
Die erfolgreichsten Kinofilme der letzten 25 Jahre
Welche Titel knackten die Milliardenmarke an den Kinokassen?
Das verdienen Aufsichtsratschefs in DAX-Konzernen
Deutlich unter Vorstandsgehältern
Apps & Social Media: Die wertvollsten Marken der Welt
Welche Marke macht das Rennen?
mehr Top Rankings

Umfrage

Wo sehen Sie den DAX Ende 2019?

Online Brokerage über finanzen.net

finanzen.net Brokerage
Handeln Sie für nur 5 Euro Orderprovision* pro Trade aus der Informationswelt von finanzen.net!

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln
Kontakt - Impressum - Werben - Pressemehr anzeigen
Top News
Beliebte Suchen
DAX 30
Öl
Euro US-Dollar
Bitcoin
Goldpreis
Meistgesucht
Wirecard AG747206
Deutsche Bank AG514000
Daimler AG710000
NEL ASAA0B733
Amazon906866
BayerBAY001
CommerzbankCBK100
BASFBASF11
Microsoft Corp.870747
Infineon AG623100
TeslaA1CX3T
Airbus SE (ex EADS)938914
Apple Inc.865985
EVOTEC SE566480
Deutsche Telekom AG555750