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Michigan State Hospital to sell $83.98 million bonds for MidMichigan
By Sheri Kasprzak
New York, May 28 - The Michigan State Hospital Finance Authority is set to sell $83.98 million in series 2009A hospital revenue bonds for the MidMichigan Obligated Group on Thursday, according to a sales calendar.
RBC Capital Markets Corp. and Comerica Securities Inc. are the lead managers.
Proceeds will be used to construct a six-story patient tower, six new operating rooms, an energy plant and a cardiac catherization laboratory, as well as install a CT scanner and to renovate existing operating rooms.
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