{"id":117444,"date":"2022-06-08T22:24:00","date_gmt":"2022-06-08T18:32:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-hj-sims-closes-25-515-million-series-2022-bonds-for-texas-public-charter-school\/"},"modified":"2022-06-08T22:30:02","modified_gmt":"2022-06-09T02:30:02","slug":"hj-sims-cierra-bonos-de-la-serie-2022-por-25515-millones-de-dolares-para-la-escuela-publica-certificada-de-texas","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/hj-sims-cierra-bonos-de-la-serie-2022-por-25515-millones-de-dolares-para-la-escuela-publica-certificada-de-texas\/","title":{"rendered":"HJ Sims Closes $25.515 Million Series 2022 Bonds for Texas Public Charter School"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">FAIRFIELD, Conn.<\/span>, <span class=\"xn-chron\">June 8, 2022<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the <span class=\"xn-chron\">May 2022<\/span> closing of <span class=\"xn-money\">$25.515 million<\/span> Series 2022 Bonds for <span class=\"xn-location\">San Antonio, TX<\/span> public charter school, The Gathering Place. As a result of the financing, The Gathering Place now owns its permanent facility, providing educational space for more than 800 students a year.\u00a0<\/p>\n<div id=\"prni_dvprnejpg30e5left\" dir=\"ltr\" style=\"width: 100%; text-align: left;\"><img decoding=\"async\" id=\"prnejpg30e5left\" style=\"width: 400px; height: 400px;\" title=\" \" src=\"https:\/\/mma.prnewswire.com\/media\/465068\/HJ_Sims_22_Logo.jpg\" alt=\" \" align=\"middle\"\/><\/div>\n<p>With the belief that physical settings are integral to its learning program, The Gathering Place sought financing to allow the purchase of their current leased facility and construction of a playground. The school&#8217;s charter was granted in 2019, and is effective for school year 2020-21 through 2024-25. Currently educating 501 students in the &#8220;Near Northwest&#8221; neighborhood of <span class=\"xn-location\">San Antonio<\/span>, the school was founded to provide students in historically underserved communities a high-quality education that fosters academic performance, creativity, and healthy social and emotional development. The school projects to grow to 832 students in K-5 by 2023-24, the school also plans to open a middle school facility in 2024-25. Eventually, the school aims to serve 1,404 students in K-8 by 2026-27.<\/p>\n<p>The Series 2022A tax-exempt and Series <span class=\"xn-money\">2022B<\/span> taxable Education Revenue Bonds enabled The Gathering Place to purchase the land and buildings, provided funds to build a playground, as well as funded a debt service reserve fund and covered costs of issuance. The bonds were structured with a 40-year amortization, allowing for the lowest annual debt service, and with a 5-year call option at par it is intended to sync up with both the future purchase of a middle school facility and the potential for lower cost financing if the school qualifies at such time for the &#8216;AAA&#8217;-rated Texas Permanent School Fund bond guarantee program.\u00a0<\/p>\n<p>&#8220;We are privileged to help The Gathering Place achieve this milestone goal, and the impact it will have on expanding and improving the quality of education for the children of <span class=\"xn-location\">San Antonio<\/span> and their community,&#8221; said <span class=\"xn-person\">Rob Nickell<\/span>, Executive Vice President at Sims.<\/p>\n<p>&#8220;This was The Gathering Place&#8217;s first experience going to the bond market, and we couldn&#8217;t have imagined a better partner to help us through the process. Sims provided steady and reliable support through every step of the process. We&#8217;re a young organization going to the market during turbulent times and still walked away with a great deal,&#8221; said Asia Klekowicz and <span class=\"xn-person\">Ryan York<\/span>, Co-CEOs, The Gathering Place.<\/p>\n<p><b>Financed Right\u00ae Solutions\u2014Rob Nickell: <a href=\"mailto:rnickell@hjsims.com\" target=\"_blank\" rel=\"nofollow\">rnickell@hjsims.com<\/a> or <\/b><b>214.681.0952<\/b><\/p>\n<p><i>ABOUT HJ SIMS: Founded in 1935, HJ Sims is a privately held investment bank and wealth management firm. Headquartered in <span class=\"xn-location\">Fairfield, CT<\/span>, Sims has nationwide investment banking, private wealth management and trading locations. Member FINRA, SIPC. Testimonials may not be representative of another client&#8217;s experience. Past performance is no guarantee of future results.\u00a0 Facebook, LinkedIn, Twitter, Instagram.<\/i><\/p>\n<p><b>CONTACT: <span class=\"xn-person\">Rebecca Brady<\/span>, Director of Marketing &amp; Brand | 203-418-9077 | <a href=\"mailto:rbrady@hjsims.com\" target=\"_blank\" rel=\"nofollow\">rbrady@hjsims.com<\/a>\u00a0<\/b><\/p>\n<p>Logo &#8211; <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3561548-1&amp;h=3639127100&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F465068%2FHJ_Sims_22_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F465068%2FHJ_Sims_22_Logo.jpg\" target=\"_blank\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/465068\/HJ_Sims_22_Logo.jpg<\/a><\/p>\n<p>SOURCE  HJ Sims<\/p>\n<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">FAIRFIELD, Conn.<\/span>, <span class=\"xn-chron\">June 8, 2022<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the <span class=\"xn-chron\">May 2022<\/span> closing of <span class=\"xn-money\">$25.515 million<\/span> Series 2022 Bonds for <span class=\"xn-location\">San Antonio, TX<\/span> public charter school, The Gathering Place. As a result of the financing, The Gathering Place now owns its permanent facility, providing educational space&#8230;<\/p>\n","protected":false},"author":1,"featured_media":117445,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-117444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/117444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=117444"}],"version-history":[{"count":"1","href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/117444\/revisions"}],"predecessor-version":[{"id":117454,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/117444\/revisions\/117454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/117445"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=117444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=117444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=117444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}