Sims priced the deal on September 26, 2024 and closed October 8, 2024. The issuance consisted of three term bonds with a final maturity of 40 years. The bonds were nonrated and the first term bond maturing in 2044 has an anytime call option at par. Sims was able to land La Scuola a true interest cost of 5.35%.
Continue readingNortheast Ohio Classical Academy (December 2023)
On December 28, 2023, HJ Sims successfully closed on the $11.3 million Series 2023 Bonds for Northeast Ohio Classical Academy.
Continue readingClackamas Middle College (May 2024)
On May 23, 2024, HJ Sims successfully closed on the $2.83 million Series 2024 Bonds on behalf of Clackamas Middle College (CMC).
Continue readingWestside Neighborhood School (May 2024)
HJ Sims completes $37 million Bank Financing, for campus renewal and replacement projects, at attractive long-term fixed interest rates and terms for New Jersey non-profit LPC – successfully navigating volatile financing conditions.
Continue readingAscent Classical Academy Charter Schools (April 2024)
HJ Sims completes $37 million Bank Financing, for campus renewal and replacement projects, at attractive long-term fixed interest rates and terms for New Jersey non-profit LPC – successfully navigating volatile financing conditions.
Continue readingPrescott Valley Charter School (March 2024)
On March 21, 2024, HJ Sims successfully closed the $11.71 million Series 2024 Bonds, with the majority of the issue purchased by five institutional bond funds. Additionally, approximately $300,000 of the bonds were acquired by HJ Sims’ Private Wealth Management clients.Â
Continue readingNorthwest Classical Academy (December 2023)
On November 30, 2023, HJ Sims successfully closed on the $5.295 million Series 2023 Bonds. The Southeast Ohio Classical Academy will move into its new campus and start educating student at the start of the 2024-25 school year.
Continue readingSoutheast Ohio Classical Academy (November 2023)
On November 30, 2023, HJ Sims successfully closed on the $5.295 million Series 2023 Bonds. The Southeast Ohio Classical Academy will move into its new campus and start educating student at the start of the 2024-25 school year.
Continue readingSouthwest Charter Foundation (September 2023)
HJ Sims completes $37 million Bank Financing, for campus renewal and replacement projects, at attractive long-term fixed interest rates and terms for New Jersey non-profit LPC – successfully navigating volatile financing conditions.
Continue readingPathways to College (September 2023)
On September 14, 2023, HJ Sims closed on the $25.1 million Series 2023 Bonds with the entire issuance purchased by an institutional investor. Once the construction project is completed in the summer of 2024, PTC will move into its new campus at the start of the 2024-25 school year.
Continue readingScintilla Charter Academy (June 2023)
On June 29, 2023, HJ Sims closed on the $23.495 million Series 2023 Bonds with approximately $17.26 million being drawn at closing, leaving a remainder of approximately $6 million to be utilized for future construction costs related to the new high school facility.
Continue readingCalifornia Republic Leadership Academy (June 2023)
In June 2023, HJ Sims closed on the $600,000 private placement, with the taxable note funded by a combination of private wealth clients of HJ Sims and one institutional account.
Continue readingOrenda Education (June 2023)
HJ Sims successfully completes $37m bank financing at attractive long-term fixed interest rates and terms for NJ non-profit life plan community, Medford Leas.
Continue readingCapital College & Career Academy (February 2023)
HJ Sims successfully closes on $13.9 million Series 2023 Bonds for Sacramento, CA start-up public charter high school, Capital College & Career Academy.
Continue readingBob Hope School (The Hughen Center, Inc.) (November 2022)
HJ Sims successfully closes on $26.335 million Series 2022 Bonds for Texas nonprofit corporation, The Hughen Center dba as Bob Hope School, which currently operates four charter schools on four campuses in and around Port Arthur, TX.
Continue readingKootenai Classical Academy (November 2022)
HJ Sims successfully closes on $13.5m Series 2022 bonds for a start-up classical Idaho public charter school, Kootenai Classical Academy.
Continue readingJohn Hancock Charter School (November 2022)
HJ Sims successfully closes on $25 million Series 2022A&B Bonds for UT-based public charter school, John Hancock Charter School.
Continue readingCanyon Grove Academy (September 2022)
HJ Sims successfully closes on $15.625m Series 2022A Bonds for Utah public charter school, Canyon Grove Academy.
Continue readingCincinnati Classical Academy (September 2022)
HJ Sims provides Ohio-based start-up charter school with working capital funded entirely by HJ Sims’ Private Wealth Management clients.
Continue readingShining Rock Classical Academy (August 2022)
HJ Sims closes on $21.395 million series 2022 bonds for North Carolina public charter school, Shining Rock Classical Academy to buy out of their lease on one campus and refinance an existing loan.
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