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Harris County Health Facilities, Texas, to price $230.06 million revenue bonds
By Sheri Kasprzak
New York, March 13 - Harris County Health Facilities Development Corp. in Texas will price $230.06 million in series 2008 thermal utility revenue bonds, according to a preliminary official statement.
The pricing date could not be determined by press time Thursday.
The bonds (Aa3/AA-) will be sold on a negotiated basis through lead manager RBC Capital Markets. The co-managers are J.P. Morgan Securities Inc., Siebert Brandford Shank & Co. and Merrill Lynch & Co.
Proceeds from the sale will be loaned to the Texas Medical Center Central Heating and Cooling Services Corp. to construct first-phase projects for the corporation and to fund capitalized interest.
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