Refinancing a Nonprofit's Existing Tax-Exempt Fixed-Rate Bonds 

Hodgson Russ represented a nonprofit 501(c)(3) corporation located in Staten Island, New York, in the refinancing of its existing tax-exempt fixed-rate bonds and letter of credit-backed variable rate bonds. Our attorneys assisted with two new tax-exempt bond issuances, aggregating approximately $11.6 million, that were privately placed with a bank.