debt
confidence high
sentiment neutral
materiality 0.70
Greystone Housing Impact Investors LP completes $75.4 million securitization of mortgage revenue bonds
Greystone Housing Impact Investors LP
- Gross proceeds of $75.4 million from sale of custodial receipts representing senior interests in 14 mortgage revenue bonds
- Class A Certificates issued by Wisconsin Public Financing Authority bear fixed interest at 4.10% per annum
- Jefferies LLC purchased the Class A Certificates and sold them to unaffiliated investors
- Partnership designated as Administrator; no administrator fee payable while Partnership or affiliate serves
- Net proceeds of $74.2 million after deducting $1.2 million in transaction-related costs