Capital Raising
| Academy of Motion Pictures Arts and Sciences (Beverly Hills, CA) |
 |
Company Description: |
Non-profit professional membership organization; producer of the annual Academy Awards |
| Transaction: |
$35,000,000 insured variable rate demand revenue bonds and $21,000,000 floating-to-fixed interest rate swap |
| Shattuck Hammond's Role: |
Sole Underwriter and Interest Rate Swap Bid Agent |
 |
| Asbury Services, Inc. (Gaithersburg, MD) |
| Company Description: |
Not-for-profit senior living organization |
| Transaction: |
$17,710,000 Variable Rate Revenue Bonds to finance the acquisition of a continuing care retirement community from Hamot Health Foundation |
| Shattuck Hammond's Role: |
Sole Underwriter |
 |
| Covenant Health Systems (Lexington, MA) |
| Company Description: |
Integrated not-for-profit healthcare system with facilities in Maine, Vermont, New Hampshire, Connecticut and Massachusetts |
| Transaction: |
$92,405,000 Healthcare System Revenue Bonds |
| Shattuck Hammond's Role: |
Senior Underwriter and Interest Rate Swap Bid Agent |
 |
| IDX Systems Corporation (NASDAQ: IDXC) (Burlington, VT) |
| Company Description: |
Publicly traded healthcare information systems provider |
| Transaction: |
$40,000,000 private debt placement to finance headquarters acquisition and development |
| Shattuck Hammond's Role: |
Placement Agent |
 |
| InSight Health Services Corp. (Lake Forest, CA) |
| Company Description: |
Largest integrated network in the U.S. of mobile facilities and fixed-site centers providing outsourced diagnostic imaging services |
| Transaction: |
$25,000,000 Preferred Stock Investment by The Carlyle Group |
| Shattuck Hammond's Role: |
Placement Agent |
 |
| Mayo Foundation (Rochester, MN) |
| Company Description: |
World-renowned integrated healthcare delivery system |
| Transaction: |
$200,000,000 Variable Rate Health Care Facilities Revenue Bonds |
| Shattuck Hammond's Role: |
Co-Senior Manager. Shattuck Hammond Partners has served as senior manager or financial advisor to Mayo Foundation on more than 20 financings, exceeding $2.2 billion in value, since 1985 |
 |
| NewSeasons Assisted Living (Blue Bell, PA) |
| Company Description: |
Assisted living operator |
| Transaction: |
$11,430,000 Revenue Bonds to finance construction and development of a new 112-bed assisted living project in Mt. Arlington, NJ |
| Shattuck Hammond's Role: |
Sole Underwriter |
 |
| Omega Healthcare Investors (NYSE: OHI) (Timonium, MD) |
| Company Description: |
Healthcare REIT |
| Transaction: |
$18.7 million rights offering and $31.3 million private equity investment from Explorer Holdings, L.P. |
| Shattuck Hammond's Role: |
Served as financial advisor to a Special Committee of the Board of Directors and rendered a fairness opinion in connection with the financing |
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| Partners Equity Capital Company LLC (Horsham, PA) |
| Company Description: |
Provider of outsourced, private label leasing programs for commercial banks and vendors of office and medical technology products |
| Transaction: |
$35 million equity investment from CIVC Partners, a private equity firm that manages more than $1.2 billion of institutional capital |
| Shattuck Hammond's Role: |
Placement Agent |
 |
| Saint Mary's Health Network (Reno, NV) |
| Company Description: |
Not-for-profit healthcare system |
| Transaction: |
$46,850,000 Insured Variable Hospital Revenue Bonds |
| Shattuck Hammond's Role: |
Senior Underwriter and Interest Rate Swap Bid Agent |
 |
| Services Employees International Union AFL-CIO (Rockville, MD) |
| Company Description: |
Labor union with 1.6 million employee and 120,000 retiree members |
| Transaction: |
$90,000,000 taxable term loan and line of credit loan, and $65,000,000 floating-to-fixed interest rate swap |
| Shattuck Hammond's Role: |
Debt Placement Agent and Interest Rate Swap Bid Agent |
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| West Penn Allegheny Health System (Pittsburgh, PA) |
| Company Description: |
Six-hospital hospital system serving the greater Pittsburgh market |
| Transaction: |
$465,000,000 Health System Revenue Bonds to refinance the debt of the newly formed health system |
| Shattuck Hammond's Role: |
Co-Senior Managing Underwriter |
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| Windsor Health Group (Brentwood, TN) |
| Company Description: |
Managed healthcare company operating government sponsored plans and providing specialty managed care services to both the insurance and healthcare provider communities. |
| Transaction: |
$9 million private placement of Series A peferred stock |
| Shattuck Hammond's Role: |
Exclusive Placement Agent |
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