August 12, 2021
$99,550,000
WHEFA Bond Financing Helps Gundersen Health System Refinance in Western Wisconsin
Bonds Underwritten by Bank of America Merrill Lynch & Citigroup Global Markets, Inc.
“Tax-exempt financing enables Gundersen to execute our vision of improving the health of our communities, easing the financial burden of healthcare and offering an outstanding experience of care.”
– Jerry Oetzel, Chief Financial Officer
Gundersen Health System
Gundersen Health System employs nearly 7,900 full-time equivalents in Wisconsin.
Bond financing facilitated by WHEFA was used to help Gundersen refinance certain bonds previously issued by WHEFA in 2011. This federally tax-exempt financing process has enabled Gundersen to operate more effectively by refinancing its capital expenses at low interest rates.
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.
