Webster Public Finance: $20M Bonds for Segue Institute

Webster Public Finance, a leading market provider of financing solutions for both public and private schools, provided $20,000,000 in Tax-Exempt Bond financing to Segue Institute for Learning (Segue).

Opened in 2009, Segue is an independent charter school dedicated to serving students in Central Falls, RI. Initially focused on grades K-8, the school recognized a growing demand for a high school program. Segue identified a new building and began the process of expanding its offerings to include a full K-12 education.

Working with several state and local agencies the $20,000,000 in Tax-Exempt Bond financing will support the acquisition and improvements for a new building to house the high school program, as well as fund necessary upgrades to the existing buildings for grades K-8.

Lou Amoriggi, Middle Market – New England Relationship Manager stated, “Webster distinguished itself by providing value-added financial advice and leveraging its network of public and private entities to customize a financial services package that benefits Segue Institute for Learning.”