Cases & Deals

Palmetto Health issues $94,695,000 to refund outstanding bonds

Clients Palmetto Health

Jones Day acted as bond counsel to Palmetto Health in connection with the issuance by the South Carolina Jobs-Economic Development Finance Authority of $94,695,000 Hospital Refunding Revenue Bonds, Series 2011A (Palmetto Health) which were issued to refund outstanding bonds and pay related expenses. The issuance was the second part of an overall financing plan in which Jones Day acted as bond counsel in December 2010 in connection with $215,000,000 of bonds issued for the benefit of Palmetto Health in order to finance the construction and equipping of a new hospital.