Chicago Healthcare Finance attorneys Dan Coyne, Jim Carroll and Christine Biebel on behalf of Ascension Health Alliance, closed a $435,370,000 bond deal on May 10, 2012 that involved four Issuing Authorities and project locations in five states.
As part of this transaction, a $1 billion Line of Credit and a $1 billion Commercial Paper program were negotiated and implemented as well as a $330,175,000 Tender Offer for Illinois Finance Authority Bonds previously issued for Alexian Brothers Health System, a health system absorbed by Ascension earlier this year. Melissa Hunt, Bruce Bonjour, Brian Jennings, Brian Mullins and Jim Carroll (Washington, D.C.) worked on parts of the transaction.
