Utah County, Utah, readies $185 million IHC Health revenue bond sale

By Sheri Kasprzak

New York, June 23 – Utah County, Utah, is set to price $185 million of series 2016B hospital revenue bonds for IHC Health Services, Inc., according to a preliminary official statement.

The bonds (Aa1/AA+) will be sold on a negotiated basis with J.P. Morgan Securities LLC and Wells Fargo Securities LLC as the senior managers.

The maturities have not been set.

Proceeds will be used to finance a loan to the corporation for capital projects.

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