August 1, 2019
WHEFA Bond Financing Helps Milwaukee World Festival, Inc. Refinance in Milwaukee
Bonds Placed with BMO Harris Bank N.A.
“In partnership with WHEFA, Milwaukee World Festival, Inc. refinanced existing obligations as a component of the American Family Insurance Amphitheater Project (Phases 1 & 2) on the south end of Henry Maier Festival Park. These enhancements help fuel the continued success of Summerfest which annually contributes over $226MM to Wisconsin’s economy.”
Sue Landry, Vice President & Chief Financial Officer
Milwaukee World Festival, Inc.
Bond financing facilitated by WHEFA was used to help Milwaukee World Festival, Inc. refinance bonds previously issued in 2010. This tax-exempt financing process has enabled Milwaukee World Festival to operate more effectively by refinancing its capital expenses at a low interest rate.
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.