Lapis Municipal Structured Management, LLC appointed Successor Portfolio Manager to Non-Profit Preferred Funding Trust I

by Kathy Araneta-Delfin | Jul 22, 2019 | Uncategorized

Moody’s Investor Service has determined that the appointment of Lapis Municipal Structured Management, LLC as the successor Portfolio Manager to Non-Profit Preferred Funding Trust I effective July 18, 2019 will not affect ratings.  For more information, see attached...

Lapis Advisers investment awarded TMA 2018 Turnaround of the Year

by Kathy Araneta-Delfin | Jul 10, 2019 | Uncategorized

Lapis Advisers LP is pleased to announce an investment made by its Funds has been awarded the 2018 turnaround of the year by the TMA.  More information can be found at www.certusfin.com.

Lapis Advisers provides project financing to Prairie Catalytic

by Kathy Araneta-Delfin | Dec 11, 2017 | Uncategorized

Funds managed by Lapis Advisers, LP have provided $24,000,000 in a senior secured bond financing to Prairie Catalytic, LLC.  Proceeds will be utilized to partially fund a 50,000 metric tons per year ethyl acetate production facility co-located at Archer Daniels...

Lapis Advisers, LP Provides M&A Funding to Regional Health

by Kathy Araneta-Delfin | Sep 26, 2017 | Uncategorized

Regional Health (“Regional” or the “Company”), the first and largest healthcare delivery system based in Eastern Washington, announced it has completed its secured debt financing in the amount of $35.4 million in connection with the Company’s acquisition...