Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Connecticut Health and Educational Facilities Authority > News item |
Trinity Health Credit Group coordinates $568.05 million revenue bonds
By Sheri Kasprzak
New York, Jan. 6 – The Trinity Health Credit Group is set to price $568.05 million of series 2016 composite issue revenue bonds, according to a preliminary official statement.
The offering includes $280,805,000 of series 2016MI hospital revenue refunding bonds through the Michigan Finance Authority, $222.05 million of series 2016CT revenue bonds through the Connecticut Health and Educational Facilities Authority, $22.32 million of series 2016ID revenue bonds through the Idaho Health Facilities Authority and $42,875,000 of series 2016MD revenue bonds through Montgomery County, Md.
The bonds (Aa3/AA-/AA) will be sold on a negotiated basis with BofA Merrill Lynch and Goldman Sachs & Co.
The co-managers are J.P. Morgan Securities LLC, Cabrera Capital Markets LLC, Loop Capital Markets LLC and Wells Fargo Securities LLC.
The maturities have not been set.
Proceeds will be used to construct, equip, improve and renovate Trinity Health facilities.
© 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.