Inland Christian Home
|Deal Type||Debt Capital Markets|
Series 2020 Tax-Exempt Fixed Rate Bonds
|Client & Transactional Partners||Inland Christian Home||Our Role||Sole Manager|
Cain Brothers, a division of KeyBanc Capital Markets, served as the Sole Manager in the public issuance of $18,425,000 of tax-exempt fixed rate revenue bonds on behalf of Inland Christian Home (“ICH”). The proceeds of the Series 2020 Bonds (the “Bonds”) were used to refinance two outstanding bank loans in the amount of $10.3 million, $1.5 million of private notes and fund $6.9 of new money meant for capital expenditure reimbursement and new capital projects around the campus.