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Franklin County, Ohio, organizes $281.59 million OhioHealth bond sale
By Sheri Kasprzak
New York, May 22 – Franklin County, Ohio, is set to price $281,585,000 of series 2015 hospital facilities revenue bonds for the OhioHealth Corp., said a preliminary official statement.
The bonds (Aa2/AA+/AA) will be sold on a negotiated basis with Barclays as the underwriter.
The bonds are due 2016 to 2035 with term bonds due in 2040 and 2045.
Proceeds will be used to acquire, construct and improve health facilities for the corporation, as well as to finance capital expenditures.
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