Silver Cross Hospital and Medical Centers, Ill., to price $88.03 million revenue refunding bonds

By Cristal Cody

Springdale, Ark., June 2 - Silver Cross Hospital and Medical Centers intends to price $88.03 million of revenue refunding bonds the week of June 9, a sellside source said Monday.

The series 2008A fixed-rate bonds (/A/A) will be sold through the Illinois Finance Authority.

Lehman Brothers will manage the negotiated sale.

Proceeds will be used to refinance and redeem the series 2005B and 2005D auction-rate revenue bonds.

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