July 7, 2022
$134,440,000
WHEFA Bond Financing Helps Froedtert Health Refinance in Milwaukee, Menomonee Falls, New Berlin and West Bend
Bonds Placed with Morgan Stanley
“Tax-exempt financing is one of the cornerstones of Froedtert Health’s capital strategy and provides cost-efficient access to capital for enterprise growth and delivery of health care services in our communities. We’re thankful for the support of WHEFA and its team.”
– Scott Hawig, Executive Vice President – Chief Financial and Administrative Officer
Froedtert Health
Froedtert employs 11,575 full-time equivalents in Wisconsin
Bond financing facilitated by WHEFA was used to help Froedtert Health refinance bonds previously issued by WHEFA in 2012. This tax-exempt financing process has enabled Froedtert Health to operate more effectively by financing its capital expenses at a low interest rate.
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 their capital improvement and expansion needs.
