SOURCE: Ziegler

Ziegler

December 05, 2011 10:37 ET

Ziegler Closes $8M Financing for the YMCA in Pabst Farms, WI

CHICAGO, IL--(Marketwire - Dec 5, 2011) - Ziegler, a specialty investment banking firm, is pleased to announce the successful closing of Young Men's Christian Association (YMCA) at Pabst Farms, Inc. in Oconomowoc, Wisconsin. The net proceeds of the 2011 Series Bonds will be used to pay four outstanding bank notes that were originally used for the purchase of the land and construction of the Pabst Farms facility.

The YMCA was originally founded in 1926 as the YMCA of Waukesha County. The YMCA built and began operating its first facility in 1965 at North Silver Lake Street in Oconomowoc. It operated at that location from 1965 to 2002. In 2003 the YMCA opened its new facilities on 23 acres of land at 1750 Valley Road in Oconomowoc. The two level, 115,000 square foot facility is located within the 1,600-acre residential subdivision commonly referred to as "Pabst Farms," which acts as an anchor to present and future growth for the Oconomowoc community.

Dave Schlosser, Managing Director at Ziegler, stated, "Management for the YMCA initially had considered refinancing the outstanding bank debt with tax-exempt bonds, however they were drawn to our taxable bond proposal due to the simplicity of the structure. With the Ziegler taxable bond structure, there was no call protection on the long-term bonds and much fewer compliance and legal issues involved. The end result was a more flexible long-term structure that met the needs of the organization better than the usual cookie cutter tax-exempt solution."

Since our founding in 1902, Ziegler has become a recognized leader in providing mortgages, loans, and other financing solutions to not-for-profit organizations nationwide. Ziegler is privileged to serve America's large and small not-for-profits as well as many religious organizations, schools, colleges, and universities.

For further information on the structure and use of this issue, please contact Ziegler at (800) 366 -8899 for a copy of the Official Statement.

For more information about Ziegler and please visit us at www.Ziegler.com.

About Ziegler:
The Ziegler Companies, Inc. (PINKSHEETS: ZGCO) together with its affiliates (Ziegler) is a specialty investment bank with unique expertise in complex credit structures and advisory services. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion and education finance, as well as corporate finance and FHA/HUD. Headquartered in Chicago, IL with regional and branch offices throughout the U.S., Ziegler creates tailored financial solutions including bond financing, advisory, private placement, seed capital, M&A, risk and asset management. Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client's experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees

This communication does not constitute an offer to buy these securities. The offering is made only by the Official Statement and through an appropriately registered representative. The Series 2011 Bonds may not be appropriate for all investors. Market value and/or accrued interest will fluctuate during the period held, and, if sold prior to maturity, the yield received may be more or less than the yield calculated at the time of purchase. Discounted yields herein are gross yields to maturity. Discounted bonds may be subject to capital gains tax, rates of which will vary, so investors should consult their own tax advisor with regard to their personal tax situation. For bonds designated AMT, taxes may exist for certain investors. Ziegler will sell these bonds on a principal basis.

The corporation or its officers, directors, stockholders, or members of their families may at times have a position in the securities mentioned herein and may make purchases or sales of these securities. Not all call or put information is identified in the description above. Please be sure to discuss any special features with your Financial Advisor before deciding whether to invest in these securities.

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