Albert Einstein Healthcare Network of Pennsylvania to sell $88.54 million in bonds Thursday

By Sheri Kasprzak

New York, Sept. 19 - The Albert Einstein Healthcare Network plans to price $88.54 million in series 2008A revenue bonds Thursday, said a calendar of upcoming sales.

The bonds (A3//A-) will be sold through the Pennsylvania Economic Development Finance Authority on a negotiated basis. Goldman, Sachs & Co. is the senior manager.

The bonds are due 2009 to 2018.

Proceeds will be used to refund the Hospitals and Higher Education Facilities Authority of Philadelphia's series 1998A revenue bonds.

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