New Issue: Missouri Health brings to market $150 million BJC Health taxable bonds

By Sheri Kasprzak

New York, April 14 – The Missouri Health and Educational Facilities Authority sold $150 million of series 2015A taxable bonds for BJC Health System, said a term sheet.

The bonds (Aa2/AA/) were sold through RBC Capital Markets LLC.

The bonds are due Jan. 1, 2045, bear interest at 4% and priced at par.

Proceeds will be used for general corporate purposes.

Issuer:	Missouri Health and Educational Facilities Authority/BJC Health
Issue:	Series 2015A taxable bonds
Amount:	$150 million
Maturity:	Jan. 1, 2045
Coupon:	4%
Price:	Par
Type:	Negotiated
Underwriters:	RBC Capital Markets LLC (lead), Stifel, Nicolaus & Co., U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC (co-managers)
Ratings:	Moody’s: Aa2
	Standard & Poor’s: AA
Pricing date:	April 14
Settlement date:	April 30

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.