CMFA Completed the issuance of $60,100,000 in Bonds for Palomar Health
Proceeds of the bonds will be applied to refinance, finance, or reimburse PH for its prior payment of the costs of the acquisition, construction, expansion, improvement, renovation, and equipping of certain health care and related facilities, owned and/or operated or to be owned and/or operated by Palomar Health, which are located or to be located: in Escondido, California at 2185 Otracado Parkway, 451 East Valley Parkway, 555 East Valley Parkway, 456 East Grand Avenue, 2227 Enterprise Street, 975 South Andreasen Drive, 127-133 East Valley Boulevard, and 151-155 East Valley Boulevard; In Poway, California at 15611 Pomerado Road; and 15615 Pomerado Road; In Ramona, California on Main Street between 13th and 14th; and In San Marcos, California at 120 Craven Road. Proceeds of one or more series of Obligations may also be applied to fund a reserve fund for such series of Obligations and/or to pay certain expenses incurred in connection with the issuance of such series of Obligations.