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Photo of $11.6 Million Refunding of Nonprofit

$11.6 Million Refunding of Nonprofit's Existing Tax-Exempt Bonds

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