Hawaii to sell $83.2 million senior living revenue bonds Aug. 31 week

By Sheri Kasprzak

New York, Aug. 27 - The Hawaii Department of Budget and Finance is expected to sell $83.195 million in series 2009 special purpose senior living revenue bonds during the week of Aug. 31, according to a calendar of upcoming deals.

The offering includes $44.57 million in series 2009A bonds, $5.9 million in series 2009B bonds, $17.775 million in series 2009C-1 bonds and $14.95 million in series 2009C-2 bonds.

Ziegler Capital Markets Inc. is the lead manager for the negotiated deal.

Proceeds will be used to construct, acquire and equip a 198,207-square-foot senior living facility in Honolulu.

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