The CMFA Completes the Issuance of $438,770,000 in Bonds for CMC – 21

The CMFA Completes the Issuance of $438,770,000 in Bonds for CMC – 21 to finance / refinance acute care hospital facilities located in the cities of Clovis and Fresno, Fresno County, California. The CHCC financing will improve CHCC’s capacity to provide life savings services to patients in the Central Valley. The refinancing of CHCC’s existing debt will reduce the cost of capital for CHCC allowing them to both improve operating cash flow and realize present value savings. The reduced cost of capital will enable CHCC to redirect dollars that were going to pay capital costs back into facility improvements.

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