November 19, 2009
W. G. Nielsen & Co., a leading Denver-based investment banking firm, announced that it successfully acted as the private placement agent to The Denver Hospice in this transaction. The proceeds of the bond issue will be used towards the construction of The Denver Hospice’s state-of-the-art Care Center.
For the one in five hospice patients who need round the clock care in a hospice care center, it will soon be provided with medical expertise and therapeutic services in a warm and inviting home-inspired 24 bed care center. Presently, no facility of its kind exists in Denver, but with the support of our community our patients will now receive their expert care with dignity, privacy and the comforts of home. With continuing cuts in Medicare funding, the collective philanthropic support of this community will help build and sustain this treasure for the future.
Bev Sloan, President and CEO of The Denver Hospice noted, "Wayne Nielsen’s leadership was critical to the planning, negotiation and closing of our tax exempt bond transaction. His expertise and long history of facilitating similar transactions brought us "best in market" terms-far more favorable than we anticipated or could have achieved on our own. Wayne Nielsen is a consummate professional who exceeds every expectation."