Fletcher Allen Health Care

Bond Series: 2013 Series A Bonds

Closed: March 5, 2013

Bond Size: $29,500,000

Credit Rating: Not Rated

Credit Enhancement: None

Purchaser: TD Bank, N.A.

Interest Rate: Fixed, Tax-Exempt

Final Maturity: 2026

Yield: 2.637%

Purpose: i) Refund FAHC’s 2000 Series A bonds; and ii) pay for issuance costs related to the financing.

Project Benefit: The refunding is expected to save FAHC an estimated average cash flow savings of $930,000 over the first nine years. The estimated present value savings from the funding is almost $12 million.

Economic Benefits: N/A