News
Local private school refinances variable rate bonds
May 2009Congratulations to Boston Private Bank & Trust Company, Massachusetts Development Finance Agency and Dana Hall Schools in closing the issuance, purchase and sale of $24,349,097 Massachusetts Development Finance Agency 501(c)(3)Revenue Bonds (Dana Hall Schools Issue-Series 2009), the proceeds of which Dana Hall used to refinance previously issued variable rate bonds and finance certain capital expenditures. Massachusetts Development Finance Agency issued the tax exempt bonds which Boston Private Bank & Trust Company purchased for its own account. Kurt James, a Director in the firm’s Real Estate Department and Chair of the firm's Affordable Housing and Community Development Practice Group, represented Boston Private in this transaction.