Citizens leads $27M bond for Moses Brown

PROVIDENCE – Citizens Bank this month announced it’s leading a $27 million financing deal for the Moses Brown School in Providence.
The school, an independent preparatory school, educates students from nursery age through 12th grade. Citizens Bank, a Citizens Financial Group Inc. company, is leading the bond, which will be used to partially finance the construction of The Woodman Community and Performing Arts Center.
“We’re very pleased to have worked with Citizens Bank on this transaction,” said Shaun Buckler, director of finance and operations at Moses Brown, in a statement. “The Citizens team brought a number of great ideas to the table and we are delighted with their assistance.”
The school will also use funds to modernize its campus and facilities, according to a press release.
“The Moses Brown School is a Rhode Island institution,” said Marc Paulhus, president of Citizens Bank in Rhode Island, in a statement. “We are happy to help the school administration reach their strategic and financial goals.”