Middlesex School Strengthens Athletic Facilities

MassDevelopment issued a $43,680,000 tax-exempt bond on behalf of Middlesex School, an independent secondary school in Concord for boarding and day students in grades 9-12. The school is using proceeds to build a new approximately 80,000-square-foot field house building featuring multi-purpose practice courts, an elevated indoor track, fitness center, spaces for meeting, wellness, and physical rehabilitation, locker rooms, and covered parking. The school is also using proceeds to resurface and restore two turf fields and fund several other capital improvement projects on its campus. The bonds were sold through a public offering underwritten by Stifel, Nicolaus & Company, Inc.