By Sheri Kasprzak
New York, March 23 - Gallia County, Ohio, priced $122 million of series 2012A hospital facilities revenue refunding and improvement bonds for the Holzer Health System Obligated Group, said a pricing sheet.
The bonds were sold through RBC Capital Markets LLC.
The bonds are due July 1, 2042, bear interest at 8% and were priced at par.
Proceeds will be used to construct, acquire, equip and renovate new and existing Holzer Health facilities, as well as to refund its series 1998 and 2005 revenue bonds and repay several promissory notes and commercial loans.
| Issuer: | Gallia County, Ohio/Holzer Health System Obligated Group
|
| Issue: | Series 2012A hospital facilities revenue refunding and improvement bonds
|
| Amount: | $122 million
|
| Maturity: | July 1, 2042
|
| Coupon: | 8%
|
| Price: | 100
|
| Type: | Negotiated
|
| Underwriters: | RBC Capital Markets LLC (lead)
|
| Pricing date: | March 23
|
| Settlement date: | March 27
|
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