Type of Financing
Tax-Exempt Private Placement

Financing Amount
$80,000,000

EMF owns and operates a nationwide network of non-profit Christian music radio stations.

EMF owns and operates a nationwide network of non-profit Christian music radio stations. They seek to efficiently finance their station acquisitions using the lowest possible cost of funding and combining as many station purchases as possible in each transaction.

Our Solution:
Coughlin worked with EMF to identify a private placement investor and then structured the transaction so that a nationwide set of purchases could be completed under one common tax-exempt offering. EMF has been able to use this innovative type of structure on five different occasions to finance approximately $80,000,000 of capital needs.