Idaho Health to sell $100 million bonds for St. Luke's Health Thursday

By Sheri Kasprzak

New York, Nov. 10 - The Idaho Health Facilities Authority is expected to price its previously announced $100 million offering of series 2008A revenue bonds for St. Luke's Health System on Thursday, according to a sales calendar.

The bonds (/A/) will be sold through lead manager Merrill Lynch & Co.

The bonds are due 2009 to 2024 with term bonds due 2028, 2033, 2038 and 2043.

Proceeds will be used to finance, refinance or reimburse St. Luke's for the acquisition, construction, renovation and improvement costs of health care facilities in the state.

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