Fletcher Allen Health Care of Vermont to sell $213 million revenue refunding bonds Thursday

By Sheri Kasprzak

New York, May 5 - Fletcher Allen Health Care in Vermont intends to sell $213 million in series 2008 variable-rate revenue refunding bonds Thursday, according to a bond calendar.

The bonds (Baa1/BBB/BBB+) will be sold on a negotiated basis with Citigroup Global Markets as the lead manager.

The bonds are due from 2010 to 2027 with term bonds due 2032 and 2034.

Proceeds will be used to refund auction-rate bonds.

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