February 15, 2022
$70,000,000 Series A
$46,075,000 Series B
WHEFA Bond Financing Helps Marshfield Clinic Health System, Inc.
Construct, Renovate and Refinance in Central, Northern, and Western Wisconsin
Series A Bonds underwritten by BofA Securities, Inc. and
Series B Bonds placed with Bank of America, N.A.
“Marshfield Clinic Health System has been enriching lives to create healthy communities though accessible, affordable, compassionate health care for over 100 years. Our partnership with WHEFA has provided access to low-cost, tax-exempt financing which funds projects that allow Marshfield to enrich lives and create healthy communities for the next 100 years and beyond.”
– Janette Townsend,
Director of Treasury and Chief Investment Officer
Marshfield Clinic Health System, Inc.
Marshfield Clinic Health System employs 10,808 full-time equivalents in Wisconsin.
Bond financing facilitated by WHEFA will be used to help Marshfield Clinic Health System finance the acquisition, construction, improvement, renovation and equipping of certain healthcare facilities throughout the System. Bond proceeds were also used to refinance certain bonds previously issued by WHEFA in 2012. This federally tax-exempt financing process has enabled Marshfield Clinic Health System to operate more effectively by financing and 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.
