Navigation Links
Ziegler Closes $56.595 Million Series 2019 Bonds For Lesley University

Ziegler, a specialty investment bank, is pleased to announce the successful closing of the $56,595,000 Series 2019A&B Bonds for Lesley University, which is currently rated A-/Stable through S&P. Issued through the Massachusetts Development Finance Agency, proceeds from the Series 2019 Bonds will be used primarily to refund the outstanding debt on the Series 2011 bonds, the Series 2012 Bank Note, and the Series 2018 Bridge Loan, as well as provide the University with $6,000,000 in tax-exempt new money and pay costs of issuance.

Lesley University is a fully-accredited, private university located in the heart of Cambridge, Massachusetts, that serves approximately 6,800 students across four schools. Approximately 77% of Lesley students attend classes at its Cambridge campuses, while the remaining 23% participate in Lesley’s off-campus and on-line programs. Lesley has greatly expanded the scope of its off-campus programs and the size of its physical campus over the last 30 years, including the purchase of the 220,000 square foot Porter Square building, several buildings in the Brattle Street area and the construction of a new facility for the College of Art & Design.

“I was very excited to have the opportunity to work with Lesley University on another financing,” commented Ike Papadopoulos, Managing Director for Ziegler’s Higher Education Finance Practice. “This was a very important transaction for the University and was critical in restructuring past covenants and generating savings. The transaction had several moving parts and we were able to offer the University unique financing alternatives in order to generate the most savings on the refunding of their bonds. This is Ziegler’s first education finance transaction since the opening of our new Boston office at 101 Federal Street. We look forward to continuing to build on our new Northeast presence with other education borrowers in the near future.”

Helen Ouellette, Interim VP of Finance and CFO of Lesley University, added, “Lesley University has worked successfully with Ike Papadopoulos on previous bond issues, so engaging him and his team at Ziegler was an easy choice. He is a master at keeping all the players in a complex deal moving along and staying on schedule, responding to one another’s deadlines. With Ziegler’s desk pricing our bonds, we had a very successful day in the market and have achieved a terrific result for the future of the University.”

Ziegler is one of the nation’s leading underwriters of financing not-for-profit borrowers. Ziegler offers creative, tailored solutions to its higher education clients, including investment banking, financial risk management, merger and acquisition services, private placement services, USDA financing, capital and strategic planning as well as higher education research, education and communication.

For further information on the structure and use of this issue, please see the Official Statement located on the Electronic Municipal Market Access system’s Document Archive.

For more information about Ziegler, please visit us at

About Ziegler:
Ziegler is a privately held, national boutique investment bank, capital markets and proprietary investments firm. We have a unique focus on healthcare, senior living and education sectors, as well as general municipal and structured finance. Headquartered in Chicago with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, fixed income sales & trading and research. To learn more, visit

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

Read the full story at

Source: PRWeb
Copyright©2019 Vocus, Inc.
All rights reserved

Related medicine news :

1. Dr. William F. Ziegler Continues To Change Lives at Reproductive Science Center of New Jersey
2. Ziegler and Link-Age Ventures to Host Second Annual Fund Symposium
3. Ziegler Serves As Exclusive Sell Side Financial Advisor To The Ponce Therapy Care Center
4. One Minute Herpes Cure Review Discloses the Way to Permanently Treating Herpes
5. The Natural Cure for HPV Review Discloses Andrea Segovia's New Effective HPV Remedy
6. Adonis Golden Ratio Review Discloses the Secrets to the Perfect Body
7. Urticaria Cure By Dr. Gary Levin Review Discloses Natural Way to Overcome Urticaria Fast
8. Shortage of rheumatologists -- In some US regions closest doctor may be 200 miles away
9. Face Fitness Center Review Discloses the Simplest Method to Get Rid of Chubby Cheeks
10. "Cure Hemorrhoids in 48 Hours" Review Discloses New Natural Hemorrhoids Treatment
11. Multiple Sclerosis Treatment Review Discloses New Remedy to Overcome MS Symptoms
Post Your Comments:
(Date:8/16/2019)... ... August 16, 2019 , ... ... market, has joined the esteemed Haute Beauty Network. , The Haute Beauty Network, ... to present Dr. Arnaoutakis as a hair restoration expert and our newest addition ...
(Date:8/15/2019)... ... August 15, 2019 , ... Heritage Woods of Rockford Administrator Jaclyn O’Keefe ... (NCAL). , This award is part of the NCAL Awards Program, which recognizes exemplary ... common element among this year’s recipients is that they all go out of their ...
(Date:8/14/2019)... (PRWEB) , ... August 13, 2019 , ... New Hampshire-based ... heart-healthy antioxidant resveratrol, today announced an expansion of its line of CBD-infused coffees with ... mg of CBD in a 12-oz bag. , “We are excited to expand ...
(Date:8/14/2019)... ... 14, 2019 , ... Today, consumers are taking a harder look at what ... body, emotions and energy levels. The trick is finding food and beverages that are ... why founder Chris Harper created Chase – a delicious, guilt free cocktail ...
(Date:8/12/2019)... Md. (PRWEB) , ... August 12, 2019 , ... ... needed adaptive sports rehabilitation thanks to donations received through the 4th annual Lockton ... Club in Bedminster, New Jersey. , Participating in the event again ...
Breaking Medicine News(10 mins):
(Date:8/14/2019)... ... August 14, 2019 , ... Michael Cohen, MD, ... approved by NJ Top Docs for 2019. Throughout his career, Dr. Cohen has ... , “Whether you require a simple antibiotic or a complicated procedure, I will ...
(Date:8/12/2019)... ... August 12, 2019 , ... The National Association ... Power Tools , which explores how technology and innovation partners can increase ... NACDD’s Director of Program Relations, the series dives deep with vetted, private-industry companies ...
(Date:8/12/2019)... ... 2019 , ... Innovators and startup companies with devices designed to improve neonatal ... for the $150K “Make Your Medical Device Pitch for Kids!” competition funded ... held Sunday, Sept. 22 in Boston, Mass. in conjunction with the 7th Annual ...
Breaking Medicine Technology: