Memorial Hermann Healthcare, Texas, to price $184.8 million revenue bonds March 28

By Sheri Kasprzak

New York, March 20 - The Memorial Hermann Healthcare System intends to price $184.8 million in health care revenue bonds on March 28, a sellside source confirmed.

The variable-rate bonds (A2), which will be issued through the Harris County Health Facilities Development Corp. in Texas, will be sold on a negotiated basis through lead manager Bear, Stearns & Co.

Proceeds will be used to refund the corporation's series 1998 bonds.

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