New Issue: Allina Health, Minn., brings to market $250 million of taxable bonds

By Sheri Kasprzak

New York, Sept. 15 – The Allina Health System of Minnesota sold $250 million of series 2015 taxable bonds, according to a pricing sheet.

The bonds (Aa3/AA-/AA-) were sold through J.P. Morgan Securities LLC.

The bonds are due Nov. 15, 2045 and have a 4.805% coupon priced at par.

Proceeds will be used for general corporate purposes.

Issuer:	Allina Health System
Issue:	Series 2015 taxable bonds
Amount:	$250 million
Maturity:	Nov. 15, 2045
Lead manager:	J.P. Morgan Securities LLC
Co-managers:	Piper Jaffray & Co. LLC, U.S. Bancorp Investments Inc., Wells Fargo Securities LLC
Coupon:	4.805%
Price:	100
Yield:	4.805%
Type:	Negotiated
Pricing date:	Sept. 9
Settlement date:	Sept. 16
Ratings:	Moody’s: Aa3
	Standard & Poor’s: AA-
	Fitch: AA-

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