Chicago-based investment bank, Ziegler announced the successful pricing of series 2022 bonds for Ohio Living, reports Senior Housing News.
Ohio Living operates a dozen senior communities in Ohio including nine life plan communities. The 2022 bonds will be used to refund the series 2013A bonds as well as to pay some of the costs of issuance associated with the financing.
Several of Ohio Living’s current investors approved the credits, but did not participate in the offering due to tight credit spreads, according to a release from Ziegler.
