June 8, 2016
WHEFA Bond Financing Helps UnityPoint Health Refinance in the Madison Area
“UnityPoint Health is again happy to partner with WHEFA for our Wisconsin financing needs. The staff and Board work very hard to ensure a smooth and timely transaction process which helps us meet our financing needs in order to allow us to focus on the most important aspect of what we do, provide the best patient care possible in our efforts to achieve our vision of “Best outcome for every patient every time”.”
– Matthew Kirschner
Vice President, Treasury
Bond financing facilitated by WHEFA was used to help refinance bonds previously issued by WHEFA in 2014. This federally tax exempt financing process has enabled the borrower to operate more effectively by refinancing its capital expenses at a lower interest rate (initially 0.86-1.05%).
WHEFA is proud to have been able to assist UnityPoint Health by reducing their overall debt service and allowing them to grow and compete by providing access to low cost private capital.