September 26, 2018
$100,000,000
WHEFA Bond Financing Helps
Marshfield Clinic Health System, Inc.
Bonds Underwritten by Barclays
“We appreciate the continued partnership with WHEFA. The professional and responsive staff were a pleasure to work with. The proceeds from this issuance supported numerous strategic initiatives throughout our service area, enabling us to fulfill our commitment to bring high-quality, accessible and compassionate healthcare to the communities we serve.”
— Gordon Edwards, CFO
Marshfield Clinic Health System, Inc.
These projects will create an estimated 315 jobs with an annual payroll of approximately $30 million, as well as over 300 construction jobs.
Bond financing facilitated by WHEFA will be used to help Marshfield Clinic Health System, Inc. (MCHS) finance the expansion, construction, renovation and equipping of health care facilities in Marshfield, Eau Claire, Minocqua, Wausau, Wisconsin Rapids, and Stevens Point, Wisconsin. This federally tax-exempt financing process has enabled MCHS to operate more effectively by financing its capital expenses at low interest rates.
WHEFA is proud to continue its mission of assisting all eligible Wisconsin non-profit institutions to obtain and maintain access to tax-exempt financing in order to finance or refinance their capital improvement and expansion needs.
