Vast Bank Headquarters TIF Project

Overview

Deal Type Debt Capital Markets
Size $7.7 Million
Tax Increment Revenue Bonds
Client & Transactional Partners Tulsa Authority for Economic Opportunity
Vast Bank N.A.
Our Role Sole Manager

Summary

On August 31, 2021, KeyBanc Capital Markets ("KBCM") closed $7,7 Million of tax apportionment revenue bonds (the "Bonds") to reimburse Vast Bank for a portion of the costs of constructing its new headquarters in Tulsa, Oklahoma. KBCM acted as Sole Manager on the transaction.

The Bonds are secured by a combination of property and sales tax TIF revenues generated at the project. The project was fully constructed at the time of the bond sale.

Recent Deals

March 2025

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$1 Billion

Convertible Senior Notes due 2030

Co-Manager

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March 2025

sandbrook capital

acquired

intellirent

Senior Secured Credit Facilities

Sole Lead Arranger
Administrative Agent

intellirent
March 2025

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a portfolio company of

caleracapital

$625 Million

Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner

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March 2025

terra vet

has received an entity-level preferred equity investment from

sculptor

Sole Placement Agent

terravet-reit-inc

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