Massachusetts HEFA plans to sell $59.97 million revenue bonds for UMass Memorial Medical Center

By Sheri Kasprzak

New York, May 7 - The Massachusetts Health and Educational Facilities Authority will price $59.97 million series 2010G revenue bonds for UMass Memorial Medical Center Inc., according to a preliminary official statement.

The bonds (Baa1/BBB+/) will be sold through Morgan Stanley & Co. Inc. and Bank of America Merrill Lynch.

The bonds are due 2011 to 2022.

Proceeds will be used to refund existing bonds.

Based in Boston, the authority provides funding to health care and educational facilities throughout the state.

© 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.