Investment Banking

Recent Transactions

J.P. Turner's Public Finance Department underwrites municipal bond offerings for projects with credit ratings ranging from non-rated to AAA. The Department has over 50 years of combined experience in municipal underwriting and has completed approximately 70 municipal financing projects.

May 2009
Refunding Issue            Unrated

 

City of Pahokee, Florida

$2,130,000
First Mortgage Healthcare Facility Refunding Revenue Bonds
(Glades Health Care Center Project)
Series 2009A

and

$350,000
First Mortgage Healthcare Facility Refunding Revenue Bonds
(Glades Health Care Center Project)
Series 2009B (Taxable)

Maturity Schedule
Series 2009A Serial Bonds

$245,000 / 6.5% / Due 5/1/2010 / at 100%

$2555,000 / 6.75% / Due 5/1/2011 / at 100%

Series 2009A Term Bond

$1,630,000 / 9.00% / Due 5/1/2024 / at 100%

Series 2009B (Taxable) Serial Bonds

$90,000 / 9.00% / Due 05/01/2012 / at 100%

$100,000 / 10.00% / Due 05/01/2013 / at 100%

$110,000 / 11.00% / Due 05/01/2014 / at 100%

$50,000 / 11.50% / Due 05/01/2015 / at 100%

The Municipal Underwriting of the above Securities was arranged by the undersigned

J.P. Turner & Company, L.L.C.
Offering completed, above referenced securities no longer available

September 2008
New Issue            Unrated

 

Tarrant County Cultural Education Facilities Finance Corporation

$1,810,000
Healthcare Facility First Mortgage Revenue Bonds
(Ameity Fellowserve Realty of Hondo, Inc., Project)
Series 2008A

$190,000
Healthcare Facility First Mortgage Revenue Bonds
(Amity Fellowserve Realty of Hondo, Inc., Project)
Series 2008B (Taxable)

Maturity Schedule
Series 2008A Term Bonds

$175,000 / 7.5% / Due 8/1/2015 / at 100%

$345,000 / 7.75% / Due 8/1/2019 / at 100%

$1,290,000 / 8.00% / Due 8/1/2028 / at 100%

Series 2008B (Taxable)
Serial Bonds

$20,000 / 8.00% / Due 8/1/2009 / at 100%

$45,000 / 9.00% / Due 8/1/2010 / at 100%

$50,000 / 10.00% / Due 8/1/2011 / at 100%

$55,000/ 10.00%/ Due 8/1/2012 / at 100%

$20,000 / 10.00% / Due 8/1/2013 / at 100%

The Municipal Underwriting of the above Securities was arranged by the undersigned

J.P. Turner & Company, L.L.C.
Offering completed, above referenced securities no longer available

 
September 2008
New Issue              Unrated
 

Tarrant County Cultural Education Facilities Finance Corporation

$4,000,000
Retirement Facility Revenue Bonds
(WGH Heritage, Inc. Project)
Subordinate Series 2008B

Maturity Schedule
Series B Bonds

$340,000 / 7.00% / Due 9/20/2013 / at 100%

$785,000 / 7.50% / Due 9/20/2018 / at 100%

$410,000 / 7.75% / Due 9/20/2020 / at 100%

$2,465,000 / 8.00% / Due 9/20/2028 / at 100%

The Municipal Underwriting of the above Securities was arranged by the undersigned

J.P. Turner & Company, L.L.C.

Offering completed, above referenced securities no longer available

 
September 2008
New Issue              Rating: Moody's Aaa
 

Tarrant County Cultural Education Facilities Finance Corporation

$23,850,000
Retirement Facility Revenue Bonds
(GNMA Collateralized Mortgage Loan - WGH Heritage, Inc. Project)
Series 2008A-1

$2,700,000
Retirement Facility Revenue Bonds (GNMA Collateralized Mortgage Loan - WGH Heritage, Inc. Project)
Taxable Series 2008A-2

Maturity Schedule
Series A-1 Bonds

$1,850,000 / 4.75% / Due 9/20/2018 / at 100%

$3,375,000 / 5.25% / Due 9/20/2023 / at 100%

$18,625,000 / 5.75% / Due 9/20/2038 / at 100%

Series A-2 Bonds

$2,700,000 / 6.25% / Due 9/20/2015 / at 100%

The Municipal Underwriting of the above Securities was arranged by the undersigned

J.P. Turner & Company, L.L.C.

Offering completed, above referenced securities no longer available

July 2008
New Issue              Unrated
 

Certificates of Participation Issued By Chelsea Investments L.L.C., in

$1,775,000
Development Authority of Clayton County, Georgia
Revenue Bonds
(Senior Care Group, Inc. -- Bayberry Trace Project)

Series 1999A

and

$1,000,000
Savannah Economic Development Authority Subordinated Mortgage Healthcare Facility Revenue Bonds
(Senior Care Project)
Series 1999A

Maturity Schedule
Term Series 2008 Certificates of Participation

$2,775,000 / 8% / Due June 1, 2011 / at 100%

The Municipal Underwriting of the above Securities was arranged by the undersigned

J.P. Turner & Company, L.L.C.

Offering completed, above referenced securities no longer available

October 2007
New Issue              Unrated
 

Raleigh County, West Virginia

$2,000,000
Industrial Development Revenue Bonds
(Aiken Continental LLC Project)
Series 2006A

and

$360,000
Industrial Development Revenue Bonds
(Aiken Continental LLC Project)
Series 2006B (Taxable)

Maturity Schedule
Series 2006A Term Bonds

$395,000 / 7.75% / Due October 1, 2017 / at 100%
$1,605,000 / 8.00% / Due October 1, 2026 / at 100%

Series 2006B (Taxable) Serial Bonds

$55,000 / 10.00% / Due October 1, 2009 / at 100%
$60,000 / 10.00% / Due October 1, 2010 / at 100%
$65,000 / 10.50% / Due October 1, 2011 / at 100%
$75,000 / 10.50% / Due October 1, 2012 / at 100%
$80,000 / 11.00% / Due October 1, 2013 / at 100%
$25,000 / 11.00% / Due October 1, 2014 / at 100%

The Municipal Underwriting of the above Securities was arranged by the undersigned

J.P. Turner & Company, L.L.C.

Offering completed, above referenced securities no longer available

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