Borrower: Samaritan Health Services, Inc., seeks to enhance community health and achieve high value through quality services across a continuum of care. It provides a comprehensive system of healthcare and healthcare related services to residents of the Willamette Valley, the Oregon coast and other Oregon communities.
Amount of Loan: $19,000,000
Closed: December 18, 2014
Purchasing Bank: Key Government Finance, Inc.
Description of Loan: The Project was undertaken to finance a new cancer treatment center that will integrate cancer patient care in one facility, and a medical office building that will house multi-disciplinary medical practices, a pharmacy and medical equipment storage. This was Samaritan’s third financing through OFA.
Type of Loan: Traditional Bond – Direct Placement