Bond Purchasers Complete Transaction for PureCycle Ohio

Bond purchasers closed a deal that secured financing for PureCycle Ohio for its Ironton, Ohio recycled polypropylene production facility through the issuance of $220 million of tax-exempt senior revenue bonds, $20 million of tax-exempt subordinate revenue bonds and $10 million of taxable subordinate revenue bonds by the Southern Ohio Port Authority. Our firm represented the institutional subordinate bond purchasers in the financing.