ANOTHER SUCCESSFUL CLOSING
$10,155,000
DG FARMS COMMUNITY DEVELOPMENT DISTRICT
(Hillsborough County, Florida)
$3,425,000 Capital Improvement Revenue Bonds, Series 2014A-1
$4,200,000 Capital Improvement Revenue Bonds, Series 2014A-2
$2,530,000 Capital Improvement Revenue Bonds, Series 2014A-3
Date: September 9, 2014
Type of Financing: Construction Debt Financing Secured Solely by Real Estate
Project Status: Engineering/Design/Permitting Complete; Construction Commenced Prior to Closing
Construction District: Bond Proceeds Used to Fund Construction Costs
Average Coupon: 6.31%
Repayment Term: 30 Years
DPFG serves as District Manager and Assessment Methodology Consultant to the District
$11,775,000
PANTHER TRACE II COMMUNITY DEVELOPMENT DISTRICT
(Hillsborough County, Florida)
Special Assessment Revenue Refunding Bonds, Series 2014
Date: September 26, 2014
Type of Financing: Current Refunding (Rated/Insured)
Project Status: 100% Horizontally and Vertically Constructed at Closing
Original Principal / Average Coupon: $13,875,000 / 5.60%
Average Coupon: 3.84%
Repayment Term: 21 Years
DPFG serves as District Manager and Assessment Methodology Consultant to the District
To learn more about these transactions or financing like these that could apply to your project, please contact Maik Aagaard at (321) 263-0132 Ext. 201 or email at maik.aagaard@dpfg.com.
Sincerely,
Maik Aagaard - Managing Principal
