Bond Financing Profile: Sanford Consortium for Regenerative Medicine

Sanford Consortium for Regenerative Medicine

LOCATION: La Jolla, CA

AMOUNT ISSUED: $54,280,000 – 501(c)(3) Bond

DATE ISSUED: September 27, 2016

ABOUT: The Sanford Consortium for Regenerative Medicine, known globally for its groundbreaking stem cell research, is refunding prior IBank bonds used to build its world-class research facility. The refunding saves approximately $5,870,000 over the entire maturity of the bonds, allowing the Consortium to use those funds towards its mission of expanding collaborative stem cell research to discover clinical therapies and cures.