The Arizona Health Facilities Authority approved a lease financing application on behalf of A. T. Still University of Health Sciences. The $2,600,000 lease financing will be used to purchase dental clinic capital equipment and tenant leasehold improvements for the operation of a dental clinic. A. T. Still operates the Arizona School of Dentistry and Oral Health, Arizona’s only dental school. The Dental School’s first class of students began in 2003. Upon completion of the four year program, graduates will receive a doctor of dental medicine degree and a certificate in public health management

The lease will be privately placed with Citimortgage, Inc. The anticipated term of the lease is 104 months and will bear interest at a fixed rate.

Institution Type:
Other

Bond Issue Date:
11/1/2004

Amount Financed:
1 Million - 5 Million

Interest Rate:
Fixed

Bond Denomination:
N/A

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