Ziegler Closes $146,400,000 Financing for Covenant Living Communities and Services
Ziegler is pleased to announce the successful closing of Covenant Living Communities and Services (CLCS) $146,400,000 Series 2025A Tax-Exempt Bonds. Headquartered in Illinois, CLCS operates 20 communities in 11 states with over 5,900 total units, including communities outside the Obligated Group. Bond proceeds will fund new money projects as well as refund various series of outstanding debt. The bonds are rated “A-” (Stable) by Fitch.