Pennybyrn Maryfield receives financing

Share this content:

Ziegler has closed a $66 million bond issue for Pennybyrn at Maryfield, a North Carolina nonprofit corporation.

It was incorporated by Congregation of the Poor Servants of the Mother of God, an order of the Roman Catholic Church. It owns and operates a CCRC that includes 125 skilled nursing beds. The bond will be used to re-fund outstanding bonds and fund a debt service reserve fund.


Next Article in Companies

In Focus

July 18

A truckload of charity

Gainesville, FL 

The Village at Gainesville recently donated a truckload of used appliances from its residences to the Bread of the Mighty Food Bank.

Subscribe for free!

Never Miss out

Get top stories sent to your inbox