Pierce Atwood provides unique experience to healthcare institutions in the areas of public and private finance, tax exempt bond issuance, bank financing, capital markets, tax increment and new markets tax credit financing, and other financing mechanisms.
We have handled exempt financings for many of the hospitals in Maine, including through the Maine Health and Higher Education Facilities Authority. We have developed system-wide shared financing and funding arrangements for healthcare systems with multiple affiliates, and worked out a unique approach to debt service reserve funding for the issuance of $285 million in tax exempt healthcare system bonds.
Our extensive experience in conventional bank financing and in capital markets enables us to assist health care clients in structuring lending and equity arrangements to meet their capital and operating needs. We regularly work with underwriters in major financings and acquisitions, and our experience in municipal finance, tax increment financing, economic development and new markets tax credit financing allows us to structure other creative financing arrangements for our clients.