Private Placement Bond Program


The Private Placement Bond Program provides tax-exempt financing for capital equipment, construction, acquisition of real property, renovation or refinancing of existing debt. The use of standardized documents simplifies the bond issuance process and substantially reduces issuance expenses. This Program is open to all qualified borrowers under the Authority's statute and is designed primarily for institutions who are willing to absorb the interest expense associated with private placement in exchange for considerably lesser time commitment and lower issuance costs than are required in a public bond offering.

Who Can Participate?:

Any not-for-profit healthcare or educational institution qualified to borrow through the Authority.

Size of Borrowing:

Minimum: $250,000 for capital equipment, $1,000,000 for construction

Maximum: none


The reduced up front costs and time to complete the process will be the primary advantages to institutions. With one or two bond holders, any future approvals, waivers, amendments, etc. needed are easier to obtain.

For an application or additional information, contact:
Bonnie S. Payette, Executive Director
New Hampshire Health and Education Facilities Authority
One Capitol Street, Suite 200
Concord, NH 03301

Phone: 603-224-0696
Fax: 603-224-3058