January 7, 2020
$21,325,000
WHEFA Bond Financing Helps Beloit Health System, Inc. Refinance in Beloit
Bonds Underwritten by B.C. Ziegler and Company
“Continuing to maintain our tax-exempt status allows the Beloit Health System to continue to provide the best care for our community, today, tomorrow, for life.”
– Scott Leckey, Chief Executive Officer
Beloit Health System, Inc.
Beloit Health System employs approximately
1,220 full-time equivalents in Wisconsin.
Bond financing facilitated by WHEFA was used to help Beloit Health System refinance bonds previously issued by WHEFA. This tax-exempt financing process has enabled Beloit Health System to operate more effectively by refinancing its capital expenses at low interest rates (all-in true interest cost of 2.95%).
WHEFA is proud to continue its mission of assisting all eligible Wisconsin nonprofit institutions to obtain and maintain access to tax-exempt financing in order to finance or refinance their capital improvement and expansion needs.
