Education & Health Care Financings
- Serves as bond and/or borrower counsel to numerous higher education institutions including Boston University, the College of the Holy Cross, Merrimack College, and Johnson & Wales University with respect to new money and refunding bonds issued by conduit issuers.
- Served as underwriter’s counsel to JPMorgan and TD Securities in a series of complex, accelerated transactions issued by Boston Children’s Hospital.
- Serves as bond counsel to the Massachusetts Development Finance Agency in connection with bonds and notes issued for the financing of various capital projects for qualified institutions.
- Serves as Bond Counsel to the University of Massachusetts Building Authority, structuring transactions and handling investor disclosure associated with financings. We also created the tax-exempt bond structure for residence hall construction, which include public-private partnership programs.
- Served as purchaser’s counsel on a first of its kind transaction in the municipal bond space: the new structure was financed with tax-exempt bonds and involved an off-balance sheet transaction whereby medical office buildings were sold to a nonprofit and leased back to a hospital system. Additionally, we facilitated creation of a ground lease structure with a lease back to the hospital system and a debt guaranty.
Case Study
Mintz served as bond counsel, finance counsel, and program counsel on the issuance of four tranches of revenue bonds in June 2024 by the Massachusetts Educational Financing Authority, which totaled more than $475 million.
Case Study
A cross-practice Mintz team, led by several Public Finance Members, assisted Mass General Brigham in a $460 million publicly offered tax-exempt bond financing. The transaction marked the not-for-profit, integrated health care system’s return to the public debt market after nearly four years.
Case Study
Mintz acted as bond counsel to the Massachusetts Development Finance Agency for a $429 million bond issue for Wellforce Inc. that consolidated three obligated groups into one.
Case Study
Mintz quickly closed one of Partners HealthCare’s largest-ever borrowings, totaling over $1 billion, ahead of the new federal tax bill’s effective date. The borrowing involved tax-exempt bonds issued simultaneously in MA and NH.
Case Study
Mintz serves as bond counsel to the Vermont Municipal Bond Bank. Mintz helped the bank design and implement a new financing structure for the Vermont State Colleges System by advising on disclosure statements, preparing audits for the IRS and addressing tax issues.