Massachusetts Development to sell $60 million Southcoast Health bonds

By Sheri Kasprzak

New York, Jan. 23 - The Massachusetts Development Finance Agency plans to sell $60 million of series 2013F revenue bonds for the Southcoast Health System Obligated Group, according to a preliminary official statement.

The bonds (A2/A/) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the underwriter.

The maturities have not been set.

Proceeds will be used to finance or reimburse the agency for capital projects.

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