Grossmont Healthcare District, Calif., to sell $209.17 million bonds

By Sheri Kasprzak

New York, April 21 – The Grossmont Healthcare District of California is set to price $209,175,000 of series 2015 general obligation bonds, according to a preliminary official statement.

The deal includes $24.51 million of election of 2006 series 2015C G.O. bonds and $184,655,000 of series 2015D G.O. refunding bonds.

The bonds (Aa2) will be sold through Goldman Sachs & Co.

The 2015C bonds are due 2019 to 2027, and the 2015D bonds are due 2016 to 2035 with a term bond due in 2040.

Proceeds will be used to finance capital projects and refund the district’s series 2007A and 2011B G.O. bonds.

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