03.08.2016 15:18:00
|
ROLLINS COLLEGE, FL -- Moody's Updates Details of Rollins College, FL's Financing Plans; No Rating Action
New York, August 03, 2016 -- On July 29, 2016, Rollins College advance refunded all of its Series 2010 Taxable bonds with a direct purchase loan from SunTrust Bank. The par amount of the new loan is approximately $25 million. There was no extension of maturity and the loan amortizes regularly over the life of the bonds. The final maturity remains on December 1, 2026.