Ziegler has announced the successful closing of a $23.31 million bond issue for Friendship Village of Dublin (Ohio).
The not-for-profit corporation has a 366-unit continuing care retirement community on a 23-acre campus, which includes assisted living apartments and a 60-bed skilled nursing facility.
Proceeds of the Series 2014 Bonds will be used to refund the outstanding Series 2004B VRDBs ($17.46 million), reimburse costs of the construction of 12 Villas in the last two years, fund future capital expenditures and pay a portion of issuance costs in connection with the Series 2014 Bonds.
