Ziegler closed Holland Homes Series 2021 Bonds and concurrently priced $32.96 million of tax-exempt Series 2022 Bonds, Senior Housing News reports. The Series 2022 are forward delivery bonds scheduled to close on Feb. 16, 2022.
Proceeds from the 2021 Bonds will be applied to capital improvements for Holland Homes’ Breton Woods campus in Michigan. Proceeds from the Series 2022 will be used to refund Holland Homes’ outstanding Series 2012 bonds, resulting in nearly $9 million of net present value savings. Read more.
