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Ziegler Prices Financing for Pennybyrn

Ziegler is pleased to announce the successful pricing of $41,710,000 Series 2025A Bonds for Pennybyrn. Pennybyrn currently operates 222 independent living units, 48 assisted living units  and 125 skilled nursing beds in High Point, North Carolina. Bond proceeds will primarily be used to refund outstanding Series 2015 Bonds as well as fund a variety of campus improvements.