Specialty investment bank Ziegler closed Otterbein Homes Obligated Group’s Series 2021 Bonds.
Otterbein is an Ohio-based, tax-exempt corporation established in 1912 that operates SeniorLife communities, skilled nursing and rehabilitation neighborhoods and home health and hospice services throughout Ohio and south-central Indiana.
In 2020, Otterbein acquired Sunset Retirement Communities with two locations in northwest Ohio. The tax-exempt Series 2021 Bonds were issued through the State of Ohio, by the Ohio Higher Educational Facility Commission, in the amount of $8.52 million. Read more.