Borrower: The Oregon Museum of Science and Industry, founded in Portland in 1946, seeks to inspire curiosity through engaging science learning experiences, to foster experimentation and the exchange of ideas, and to stimulate informed action.
Amount of Loan: $4,160,000
Closed: January 26, 2015
Purchasing Bank: Wells Fargo Bank, N.A.
Description of Loan: The Project was undertaken to refinance existing debt through the Oregon Department of Energy and certain taxable debt undertake to finance facilities. This was the Museum’s second financing through OFA.
Type of Loan: Traditional Bond – Direct Placement