[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-238241-105":53,"doc-detail-238241-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","truist-line-of-credit-effingham-hospital","Truist Line of Credit - Effingham Hospital","","This document is a formal letter dated October 11, 2022, from Jeff Joyner, Senior Vice President at Truist, to Dr. Fran Witt and Al Allred at Effingham Hospital. The letter addresses the maturity of the Truist line of credit and the hospital's continued need for financing to support ongoing working capital and the upcoming Cerner integration, scheduled to commence on November 14, 2022. The core issue discussed is the necessity to align the underwriting structure of the line of credit with the hospital's existing bond financing to comply with municipal underwriting standards. This alignment was purportedly overlooked during the bond closing. To reestablish the line of credit, Truist requires an acknowledgment or opinion confirming that the Effingham County millage pledge, as outlined in the Amended and Restated Intergovernmental Agreement dated July 10, 2022, can be applied to the contemplated line of credit financing. Truist emphasizes that they are not seeking a higher millage pledge but rather confirmation that the existing pledge can be subordinated to the line of credit in the event the hospital cannot meet its repayment obligations. The letter urges the recipients to contact their Effingham County counterpart to expedite this matter and facilitate the reestablishment of the credit facility within the hospital's timeline.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":51,"@type":70,"position":76},"https://docshare.wps.com/template/general/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/truist-line-of-credit-effingham-hospital/238241/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/truist-line-of-credit-effingham-hospital/238241.png","ImageObject",442,249,{"name":88,"@type":89},"Mali","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-27","2026-09-11",true,{"@type":98,"interactionType":99,"userInteractionCount":76},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the purpose of this letter?","Question",{"text":108,"@type":109},"The letter informs Effingham Hospital that their Truist line of credit has matured and is no longer available. It proposes to reestablish the line of credit to support ongoing working capital and the upcoming Cerner integration.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What is required to reestablish the line of credit?",{"text":113,"@type":109},"To reestablish the line of credit, Truist needs an acknowledgment or opinion that the Effingham County millage pledge applies to the contemplated line of credit financing, even in a subordinated position.",{"name":115,"@type":106,"acceptedAnswer":116},"Why is the millage pledge confirmation needed?",{"text":117,"@type":109},"The confirmation is needed to align the underwriting structure of the line of credit with the bond financing, conforming to municipal underwriting standards, as the hospital still requires this financing.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},238241,1789985709,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":50,"category_name":51,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":76,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":9,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":60,"faqs":136,"seo_title":137,"seo_description":61,"update_tm":138,"read_time":4},2336475104362,"https://ap-avatar.wpscdn.com/avatar/22000c4c46a41b752dd?x-image-process=image/resize,m_fixed,w_180,h_180&k=1786595829695023868","October 11, 2022  \nEffingham Hospital, Inc.  \n459 GA-119  \nSpringfield, GA 31329 Attn: Dr. Fran Witt; Al Allred  \nDr. Witt and Mr. Allred –  \nI am writing to inform you the Truist line of credit has formally matured and is no longer available to the hospital, but it is my understanding this financing is still needed for ongoing working capital and, more specifically, to support the Cerner integration commencing November 14, 2022. In an effort to reestablish this line of credit for the hospital, we will need to align the underwriting structure of the line of credit with the bond financing to conform with a municipal underwrite. Ideally this requirement would have been addressed during the bond closing but was overlooked as were focused on the bond financing and had a residual tail on the prior line of credit maturity. With the line of credit not matured, we will need to address this issue as a post-closing item in order to reestablish the facility.  \nIn talking with my credit partner, we will need an acknowledgement or opinion that the Effingham County millage pledge referenced in the Amended and Restated Intergovernmental Agreement between Effingham County and Effingham County Hospital Authority dated July 10, 2022, applies to the contemplated line of credit financing. To be clear and avoid any confusion, Truist is not requesting or requiring a higher millage pledge but needs confirmation this pledge can be applied to the line of credit, albeit in a subordinated position, should the hospital be unable to repay this obligation. Can you reach out to your Effingham County contact to discuss this item so we can move this forward expeditiously in an effort to meet your timeline?  \nShould you or anyone else on the team have questions or want to discuss, please don’t hesitate to reach out via e-mail ([jeff.joyner@truist.com](jeff.joyner@truist.com) ) or cell (912-660-9398) .  \nSincerely,  \nJeff Joyner  \nSenior Vice President","cbCaiipIq8URn7JU","https://ap.wps.com/l/cbCaiipIq8URn7JU","pdf",154887,"English","[{\"question\":\"What is the purpose of this letter?\",\"answer\":\"The letter informs Effingham Hospital that their Truist line of credit has matured and is no longer available. It proposes to reestablish the line of credit to support ongoing working capital and the upcoming Cerner integration.\"},{\"question\":\"What is required to reestablish the line of credit?\",\"answer\":\"To reestablish the line of credit, Truist needs an acknowledgment or opinion that the Effingham County millage pledge applies to the contemplated line of credit financing, even in a subordinated position.\"},{\"question\":\"Why is the millage pledge confirmation needed?\",\"answer\":\"The confirmation is needed to align the underwriting structure of the line of credit with the bond financing, conforming to municipal underwriting standards, as the hospital still requires this financing.\"}]","Truist Line of Credit - Effingham Hospital | PDF",1789132907]