$52,780,000*
Pajaro Valley Health Care District
(Counties of Santa Cruz & Monterey, CA)
General Obligation Bonds (Social Bonds**)
$45,655,000*
Series 204A (Tax-Exempt)
$7,125,000*
Series 2024B (Federally Taxable)
Pajaro Valley Health Care District (“PVHCD”) is preparing to offer its Series 2024 issuance of General Obligation Bonds. PVHCD plans to hold an order period on August 27, 2024. The Series 2024 Bonds are General Obligation Bonds secured by ad valorem property taxes collected within the PVHCD, an area encompassing an approximately 108-square mile area in southern Santa Cruz County, including the City of Watsonville, and northern Monterey County.
This is not an offer to sell bonds or a solicitation of an offer to buy bonds. To purchase the bonds, investors must have access to the Official Statement for the bonds and have access to a brokerage account.
The issuance of the Series 2024 Bonds will be the inaugural issuance for PVHCD, and the proceeds expected from the sale of the Bonds are to be spent primarily on the acquisition of the Watsonville Community Hospital land and real property from the current owner, and other improvements to the hospital. PVHCD is designating the 2024 Bonds as “Social Bonds” based on the social benefits of addressing the need for affordable, high-quality healthcare within the local community.
How to purchase PVHCD Bonds
Step 1 – You must have a brokerage account with Stifel. Bonds cannot be purchased directly from PVHCD. If you do not currently have a brokerage account at Stifel, you may open one and purchase the Bonds. We provide contact information below to assist in the setup of a brokerage account and the purchase of PVHCD Bonds. Please consult your financial advisor to determine the suitability of the 2024 Bonds prior to purchasing with Stifel.
Step 2 – PVHCD Bonds are offered exclusively through an Official Statement. Using the hyperlink below, download and read the Preliminary Official Statement to learn about the bonds, including their security, maturity dates, the purposes of the financing and other additional information.
Stifel Contact Information
Eric Krueger, Managing Director/Investments
Email: [email protected] | Phone: (415) 364-6800
Address: One Montgomery Street, Suite 3700
San Francisco, CA 94104
*Preliminary and subject to change.
**No representation is made as to the suitability of the Bonds to fulfill Environmental, Social, and Governance (“ESG”) criteria required by prospective investors. Each potential purchase of the bonds should determine for itself the relevance of the information contained or referred to in the Official Statement regarding the use of proceeds and its purchase of the Bonds should be based upon such investigation as it deems necessary.
