Nebraska Methodist Health offers $228.9 million refunding bonds

By Sheri Kasprzak

New York, May 26 – The Nebraska Methodist Health System is expected to price $228,905,000 of series 2015 health facilities revenue and refunding bonds, according to a preliminary official statement.

The bonds (/A-/A-) will be sold through Cain Brothers and J.P. Morgan Securities LLC.

The deal includes $28.32 million of bonds through Hospital Authority No. 2 of Douglas County and $200,585,000 of bonds through Hospital Authority No. 3 of Douglas County.

The Hospital Authority No. 2 bonds are due Nov. 1, 2045, and the Hospital Authority No. 3 bonds are due 2016 to 2030 with term bonds due 2037, 2045 and 2048.

Proceeds will be used to acquire, construct, equip and improve the health system’s facilities in Omaha, as well as to refund the system’s series 1997 bonds.

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