Hospital District No. 1 of Tangipahoa Parish, La., to price $99 million revenue bonds Tuesday

By Sheri Kasprzak

New York, Sept. 24 - The Hospital District No. 1 of Tangipahoa Parish in Louisiana plans to price $99 million in series 2009A taxable hospital revenue bonds for North Oaks Health System on Tuesday, according to a calendar of upcoming sales.

The bonds (Aa2/AAA/) will be sold through senior manager Morgan Keegan & Co. Inc.

The bonds are due Feb. 1, 2042.

Proceeds will be used to construct, equip and acquire a new 231,281 square-foot hospital wing at the North Oaks Medical Center in Hammond, La.

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