Preston Hollow Capital Completes Bond Purchase Relating to Miami-Dade County Infrastructure Project
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Friday, December 31, 2021
Construction & Property, Finance, Public Relations, Investor Relations, Public Policy, Government, Communications, Professional Services, Building Systems, State, Local, Other Construction & Property, Septic, Disclosure, Hope, The Bond Buyer, Goal, Solution, Partnership, Associate, PHC, S. Samuel DiFalco, PFM, Hook-up, Investment, Insurance, County
Dallas-based Preston Hollow Capital (PHC), an independent specialty municipal finance company that supports local communities through social impact financing, announced the completion of a $10.85 million purchase of special assessment revenue bonds relating to the Ojus Sanitary Sewer Special Benefit Area, located in Miami-Dade County, Florida.
Key Points:
- Dallas-based Preston Hollow Capital (PHC), an independent specialty municipal finance company that supports local communities through social impact financing, announced the completion of a $10.85 million purchase of special assessment revenue bonds relating to the Ojus Sanitary Sewer Special Benefit Area, located in Miami-Dade County, Florida.
- The 30-year tax-exempt bonds were privately placed to Preston Hollow Capital by Drexel Hamilton, a veteran owned broker-dealer.
- acted as bond counsel and Hunton Andrews Kurth LLP and DiFalco & Fernandez LLLP served as disclosure counsel.
- Preston Hollow Capital provides specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.